It could also just happen without any warning at all. You could see sudden volume clear out the .0001s and .0002s only to have some kind of announcement after in order to fuel the run.
We’ve seen the ask get taken out rather quickly here in the past, so those 200+ million shares aren’t that much in the grand scheme of things. The company going dark isn’t helping matters, but it could all be part of their plan. I’m still convinced they will split this eventually to reduce the O/S, but that will require them being current.
It’s just a waiting game at this point. Not sure what else we can really speculate on.
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.