I think we open much , much higher on the Nasdaq resumption news..
1. If Nasdaq was going to halt this stock, why didn't they do it when it went down day after day? Nasdaq waited until it started going back up? very suspicious on Nasdaqs part...
2. The Nasdaq hearing is July 24, 2014 and I think with the new group of attorney's Newlead hired, we will see this remain on Nasdaq.
3. I think they win the case against Ironridge and are awarded punitive damages.
4. I think many investors thought this stock was going to repeat itself and decline after the latest reverse split. They shorted, and shorted, thus the squeeze and covering. Hence, the increase in share price....
5. Announcement of new vessel
6. I think there will be a partnership, or a buyout and maybe news leaked (hence the present halt)
7. Very low float of 6 plus million shares
8. I think news from the new Kentucky coal mines will hit as well and we begin to see a nice revenue stream
9. Instead of continued dilution, I think the company is looking to see what other financing they can so to minimize the dilution.
10. My opinion only!!! You may not agree, and you may even laugh, but remember, do your Due diligence and come to your own conclusion. I do think Nasdaq will keep this halted until the meeting... So, don't dwell..Go out and enjoy yourself..
