Thursday, January 08, 2015 4:10:28 PM
price has been static or higher for a month now.
Anyone looking at a long term (i.e. more than a week) chart can tell you huge support is in place.
I have never seen this much conversion/dilution/selling - call it what you will - and the price not move down at all.
So history says - nothing. Show me another stock that has had this much volume in a month? Show me one that has not fallen at all (expect for a couple of trades this morning)?
So no one knows what will happen as it is in never before land.
My bet is on those who have done great DD, the management who are so much more transparent than then need to be (and their track record before) and the market opportunity that awaits.
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