Here We Go Again: Apparently, it's just one of those years. We here in the Greater New Orleans Area now find ourselves "in the cone" for the 7th time this year. And while we more or less dodged bullets the first 6 times, it looks like this time Zeta is going to hit close enough to do damage. We can only hope it stays a relatively minor Cat 1 & weakens upon approach. But preparations are once again in order for those of us living along the central Gulf Coast. Members with family or other interests in the affected area are welcome to post on the newHurricane Zeta Self-Help boardwe just set up. Good luck & stay safe!
$2.1M divided by say an average ATM PPS of $5 is only 420K shares. Volume was over 5.17M a few days ago and almost 750K yesterday so your logic does not make sense. Bottom line is they pump it, they dump it, institutions buy low sell high. It is pretty common for IA's in offerings to also cover stocks on the analyst side. Accept it until news or do not and sell to give yourself some peace. Good luck