Jul. 3 at 12:45 PM
$VERU Institutions like Canaccord and Oppenheimer have institutional clients (mutual funds, hedge funds) to whom they have actively recommended VERU with those high
$24.00 and
$25.00 price targets. If they maliciously crashed the stock by dumping all
$21.8 million in shares onto the open market at once, they would ruin their own reputation and anger the big-money clients they brought into the stock. Their goal is to distribute these new shares slowly and intelligently—only on high-volume green days—to keep the stock price healthy.
