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The high volume sell off of the last few days (Feb3-Feb9) coincides with the offering.
Reason is - The Company is taking on additional debt. Plus, Noteholders are in front of the Shareholders should things go south and the company is liquidated. Investors do not like having Noteholders, so we are seeing investors bailing.
Strongly suggest that anyone considering starting a position, or adding to their position, perform due diligence of Company fundmentals, as well as check out the technical indicators closely.