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Thursday, July 05, 2018 7:50:52 PM
Maxim, by charter will not formerly advise their clients to purchase the stock until QB is met and the first acquisition closes. FINRA laws mandate investment banks provide their clients with suitable recommendations.
Since Boustead is a much much much smaller bank than Maxim, they are less bound to FINRA’s vague laws.
Right now most investors are penny pushers, sophisticated penny pushers (ahem), Bousteads clients, individual retail who conduct their own independent research, and insiders/affiliates. Once s800 closes, we are no longer a shell and will likely see a new wave of different investors. Then, LOIs bring more. These investors generate a positive feedback loop where then more eyes are drawn.
We are a shell right now. Once QB and s800 closure we become a real spec play.
Furthermore, like Boustead did, I speculate Maxim is getting a sense of the market feel for BYOC with undulations up and down. There are also some annoying shorts who refuse to die and will die.
Short volume was 49% (10k more shares than the dump this morning).
Bout to go big league here.
Let the haters hate. Because we’ve been right this whole time, just took a bit longer than our impatient selfs would have originally preferred.
PEW PEW PEW
(And quit pumping- sheesh)
Now you Dwyane me...now you Dwon't
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