The stop was not removed until today. The 10K confirmed a lot of what was announced previously, provided some interesting clarifications, emphasized a lot of the positives such as management's commitment to the company and their performance based compensation, but since it is for the period ending 12/31 it did not reveal anything new. So trying to make an assessment on stock movement on the day a 10k is issued gets you nowhere. Smallcaps move on information. Now that the 10K is filed, the company will be able to issue press releases on revenue growth and execution of their sales and marketing programs.
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.