Looks like we're using the ATM again today. Initially, I thought it a sound strategy, with the caveat being positive news to sell into, volume and catalysts. Instead, we're dumping shares into a dead news cycle, literally killing the stock price slowly but surely.
Another self inflicted wound, first the amateurish offering screwup and now these shares sold into nothing days, really hurting investors.
It gets old management. It really, really does...