I think the downward trend is connected to the warrant exercises last year. There were $3.8 worth of 35 cent warrants exercised. That comes out to 10.8 million shares reflecting substantial profit at current market prices.
I think the current market price is a great buying opportunity. SO... I don't think there's anything wrong with the company... but I think people are realizing part of their investment gains.
I think the next quarterly report will be very interesting and should be substantial in letting us know how our marketing and product is being received and used by the market.
By my calculations we should see the Q3 10Q in the middle of May... 45 days after the close of the 3rd Quarter.
I think any positive news will send the stock trading up. Otherwise, warrant shareholders are still sitting on a 100% profit with their shares. How long will this trend continue? Hard to say.
You know what they say, don't look a gift horse in the mouth. ;)
Watch for opportunities with those you trust.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM