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Re: Engines post# 15747

Tuesday, 10/10/2017 1:29:35 PM

Tuesday, October 10, 2017 1:29:35 PM

Post# of 192483
Engine the price dropped for these reasons IMO:

1. The stock had gone up dramatically but the financials didn't support it. SO that made the price dependent on other things such as:

2. The expectation of continued high volume due to increased Broker-Dealer involvement was sorely dashed when Rory revealed in a SHAC call that the BD usage would not be continuous but would be on an as-needed basis. This greatly dashed hopes of 'bigger players' continuously bouying up the stock.

3. There were hopes for various things to happen with clients and technology both that were raised in SHAC calls and as time went on they didn't happen when investors thought they would.

4. No revenue reported with any of the deals that were PRd.

5. One or more large sellers.

This combination crushed the price.

IMO this is the past and we are about to repeat the fireworks we saw before as expectations have been and remain much lower than they were, yet it sounds like very big things are coming - much more than before, and soon. With the seller gone now it won't take much to get us moving again.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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