Personally speaking, I've never considered the true value of a PR being related to immediate share price movement.
On January 6th when CLWD was trading in the .0070 range and then spiked to an intraday high of .1830 on January 13th (around a 2500% gain) only one PR had been released and that was in reference to the AI.Advertising venture, which in retrospect, a company move that could have been anticipated since back in October 2020 they released a PR in regard to adding AI to their existing tech stack.
What a PR and disclosures released by the company allows is for not only me but other financial entities to get a glimpse through a window that displays what direction the company is taking and the future prospects of that stated course.
Financial institutions have exceptionally skilled technicians that have a vast array of technical resources available to them that provides incredibly refined analysis of data for each and every industry which leads to the uncovering of companies with the greatest potential at all levels of the investment markets. Their stature and position lends itself to more detailed information being provided in terms of company developments. They're the source of finance whether it's through "securities purchase agreements" or taking a large holdings position because they're the catalyst that moves share prices significantly and have the most impact in increasing the company's value through stock price appreciation. There's a reason why companies on the major exchanges have the brief customary conference call every quarter directly after the earnings are announced for the general retail investor that touches lightly on results and then after have an extended session with current and potential financial institutional investors.
In CLWD's case the last two PR's has definitely peaked interest in the potential of market share that can be gained and all the financial ramifications companies are going to be facing due to the directions being taken pointed out in the news releases. You can bet institutional technical analysts are busy researching the scope of the impact and whether the CLWD directional solution is really significant to the point of gaining real traction within the industry.
The fact a financial institution has already taken a major stake through share ownership is a good sign, as well as a CTO taking a 40M share position, leads one to believe there's some credence to what CLWD has developed.
When you factor in the parabolic moves OTC stocks can take based on environmental impacts. CLWD may be the best positioned one out of the group. Their O/S count is low compared to the multi-billions by most OTC companies but yet large enough to create plenty of liquidity which institutional investors prefer. Based on the way CLWD currently trades is a good indicator the bulk of the float is currently held by deeper pocket sources and the fact one has a 240M share stake which is a quarter of the O/S totals is a clear indicator when the powers that be are ready to move the share price due to the ownership dynamic it will naturally equate to a more emphatic move to the upside.
With overall economic recovery taking hold reflective in exceptional 4th Qtr earnings reports in a lot of industries coupled with stimulus bill money distributions the world of commerce is about to witness immediate impactful growth that will last throughout 2021 and investors are going to witness a real favorable impact to stock prices. I can't think of a better equity to be invested in as this unfolds.
