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Re: None

Sunday, 09/16/2018 7:35:55 AM

Sunday, September 16, 2018 7:35:55 AM

Post# of 149
NASDAQ has a protocol for newly IPO'd equities and options trading. The minimum shares issued and 5 day trading requirements seem to have been met, so the remaining factor looks to me to be at least 2,000 individual shareholders invested. These rules are in play due to the impact of trading volatility on a new and thinly traded stock. They also inhibit any MM's ability to manipulate S/P on options trades.

This stock seems to be growing in popularity and market awareness. I would expect you will see options trading availability no later than November and the next quarterly earnings release, if not sooner. More volume would be curative of options constraints and also S/P volatility. >300K shares-per-day just won't cut it if we want to wear "Big Boy Pants" against PayPal and Square. Compare Friday's action when 373K shares traded vs. the prior week or two on down volume days.

I wish i3 Verticals would engage a professional IR/PR resource because its investor outreach is an impediment to growth, IMO. Plus I think they have a great story to tell that nobody is hearing except on limited reach forums like this one.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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