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Re: TheNorwegian post# 155852

Wednesday, 06/19/2019 12:44:39 PM

Wednesday, June 19, 2019 12:44:39 PM

Post# of 163716
If you had to guess, what kind of catalysts would you think are up next and how soon would you guess? How confident do you feel Solomon will deliver?

I am very bullish from a technical perspective since a couple weeks ago. It is clear the downtrend is over and we are now in an uptrend. We took out the 100-day MA and 200-day MA recently, feats not seen for years in this stock due to dilution and deterioration in earnings. Now dilution has stopped (exactly like Solomon said) and earnings are improving (with the possibility of serious growth acceleration w/ CA contracts and financing). In a couple months we'll get about 8 million shares of collateral shares back to start reducing the share count ("When not if", according to Solomon).

This stock used to jump 75% in a few days on good news with millions of shares on the ask due to dilution so I am curious how it will trade with long awaited good news and no more dilution/fear selling on the ask.


Dilution + decreasing earnings = lower stock price
Sharecount reduction + increasing earnings = higher stock price

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