mas- who dried up the liquidity? DMRJ did. So their awakening to the "problem" is not a big deal. Why? Well converting 8 cents into 78 cents is not a bad proposition. Sure, its not the $1.45 they were making on IDIQ announcement, but its not a bad proposition.
So DMRJ emptied the well by their very own actions, if you want to look at it that way.
Now, the crunch is on as to how to squeeze the most out of this plump turnip.
Smiths and Morpho both have new ETDs sans nuclear material that I will bet are rolling up data right now in prep for a certification submission. So their propensity to buy IMSC can only be based on capturing three things: IMSC holding onto TSA's IDIQ, Up coming EURO refresh and how well they can integrate IMSC IP into their EDS lines.
A strategic US player also looks at those same 3 things, but the integration part maybe more compelling than the Euro part.
The perpetual clue machine is always the daily pps as moves this large are hard to keep secret. Does anyone sense any type of move on IMSC by the daily price actions? That signal is faint and or cloudy right now.
Yesterday, the selling was LONGS as about 1/6 of the volume was the daily shorting so shortly the daily pps moves become the oracle or Buffalo reveals what he knows about a buyer? ( lol)
