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$ASTR - Astra INVESTIGATES POTENTIAL ILLEGAL SHORT SELLING
Company Engages ShareIntel to Assist in Identifying Irregular Trading Behavior

As part of its ongoing corporate governance efforts, Astra has engaged ShareIntel-Shareholder Intelligence Services, LLC (“ShareIntel”) to assist with this review and analysis. ShareIntel’s service offerings will provide Astra with access and insight into broker-dealer, clearing firm and stockholder position movement that are designed to help coordinate, monitor and enhance corporate governance, stockholder communication, regulatory compliance and surveillance of trading in Astra’s shares.

Anyone know how this works? Might be an interesting opportunity.

Steve Matt's avatar
If I owned a company that announced an investigation into illegal shorting, I'd immediately re-evaluate why I'm holding. Astra, who is pre-revenue(!), seems to have enough cash to last another 4 quarters and this is how they spend their money? How about you spend that money on making your business better and bringing a product to market?
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