Most days are red. Look at the chart for this whole year. Most days are red even when moving sideways like it has since end of July. It also seems to run sideways two to four months between each run. Even June had eleven red days although the stock went up 1000%.
This company does not post a PR everyday it seems to post them when there is something worth noting. The last PR about demand exceeding supply didn't really tell us something that we didn't know that is why it was a short lived rally.
A lender is not going to underwrite a construction loan of 8 plus million overnight. If anyone has ever bought a house they should be able to imagine that a construction loan like this is likely to take longer than a month to close.
I think we will see a short term rally from that PR but the real rise will come after the factory is completed and enough time has elapsed for millions to be using the drug.
They are working with the Nigerian government which leads me to believe that we will not see much competition at least in that country.
I could be wrong and this is just my take on this situation so make your own decision but it looks like the scared money is whining right now.....
My posts are my opinion, make your own decisions. And remember, all fear is an illusion.
