Friday, April 30, 2021 5:47:12 PM
Possible bright side... the last trade of the day was the largest all week...
382902 shares.
From what I could see, this was regular trade and not a T sale. I'm hoping that perhaps this our big seller's final shares.
A friend of mine used to say there's only ONE reason to buy a stock... and THOUSAND to sell it. It looks to me like someone was selling out their position. It's possible that some shareholders have other more immediate interests or expenses and are moving their investment capital to them. Maybe there's another business opportunity, a divorce or separation, who knows? Or maybe they just lost confidence in SPYR's future.
What we do know is that the Company has been executing its business plan. Not overly exciting news to date, but still solid steps are being taken. The enthusiasm for me isn't what we are or have become, but rather what we are in the process of becoming.
I think it's the same for SPYR management. They didn't acquire Applied Magix for what it was at that moment... but rather for what it believed it had the potential to become. We have talent, we have products in the pipeline and others at various stages of development... and we have a shot at becoming a real growing and profitable company.
Depending on the perceived likelihood of success, people will invest accordingly.
Watch for opportunities with those you trust.
Recent SPYR News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 10/25/2023 05:32:15 PM
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Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM