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Alias Born | 03/13/2017 |
Thursday, May 25, 2017 8:33:51 PM
The only news since has been extremely favorable
Both the company and the convertible debt holder want the price to go up and stay up.
The MM are the ones who drive these spikes and drops because they make money on the volatility both ways. This gets misinterpreted as "the company did this" but that doesn't make logical sense considering their motivations.
Worse (or better) yet, we are a relatively safe target for the MM because they know the company is profitable. No chance of a surprise bankruptcy leaving them holding the bag in the middle of their game. But there is a strong chance of a pop off with the right announcement or two. The strength of the company and future catalysts make us a prime target.
I believe this will continue until the ticker change, and I'll just make sure I am still holding a lot of shares that day, regardless of its price the day before (1 cent or 5 cents be damned)
10 minute edit because ive used all 15 posts today
I also believe the most likely scenario is that they are trying to line the name change up with the website redesign and a new URL. It was all planned and announced for April. But it may just boil down to tech projects goes crazy sometimes and get delayed, so the delay to the website meant a delay to the name news. Its coming.
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