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Friday, December 29, 2017 5:12:00 PM
The MM's love market orders, it permits them to buy the shares for less, or sell them for more than they could otherwise get. In today's case, people who waited for the last minute to establish their tax loss flooded the market at the end of the day, and the MM's were more than happy to buy the shares cheaply.
I would agree that they'll probably look to fill the $.435 gap on Tuesday, and once that happens I believe we'll start seeing higher prices in anticipation of first quarter news. Note: I'm saying first quarter, not January, because I don't know of anything certain for January, but I do know the company has both a presentation and a trial scheduled to complete during the first quarter. If the first quarter news is as solid as I believe it could be, we could easily be selling for over a dollar at the end of the first quarter.
Gary
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