Zena, I think you are missing the point when you write:
“The share structure is such that insiders have the power to beat the snot out of retail. The liquidity is so low that market has no influence on share price.”
I believe the run up from $6.50 to $16.00 in the last month or so is precisely because a small group of retail investors who are following NTRP developments have been buying the stock.
The low float and lack of sellers, insider or retail, is constraining liquidly and thus buyers have been in charge.
This is all driven by the expectation of positive P2b results in the next 10 weeks. Also, with a NASDAQ up listing, possibly by the end of this month, options should be available. The stock then might be attractive to funds that have internal restraints on OTC investing.
If results meet positive expectations then retail buying will go into overdrive.
“The share structure is such that insiders have the power to beat the snot out of retail. The liquidity is so low that market has no influence on share price.”
I believe the run up from $6.50 to $16.00 in the last month or so is precisely because a small group of retail investors who are following NTRP developments have been buying the stock.
The low float and lack of sellers, insider or retail, is constraining liquidly and thus buyers have been in charge.
This is all driven by the expectation of positive P2b results in the next 10 weeks. Also, with a NASDAQ up listing, possibly by the end of this month, options should be available. The stock then might be attractive to funds that have internal restraints on OTC investing.
If results meet positive expectations then retail buying will go into overdrive.
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