bbotcs...SCKT...hit 52 week intraday high at $1.93
It's nice to see the volume and interest picking up in the stock. I think when it breaks $2 it will start to get more attention from others. The only problem they have anymore are those warrants held by Hudson Bay that can be exercised and sold. The plus is it brings in needed capital, the negative is it has a big seller there and who knows what they want for their shares. If Socket puts in nice sequential growth in the 3Q (reported late October), it should cause volume to go up more and chew through them faster.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.