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Re: None

Friday, 07/30/2021 8:28:41 AM

Friday, July 30, 2021 8:28:41 AM

Post# of 28549
Definitely being loaded at this level, it's gonna move on volume pretty quick. Due to the overhead being mostly baggies still holding averaged over .07 I doubt anyone left in the public float wants to take a haircut. All the longs remaining here know what they own. Seems like all the paper hands left town. With that said, yes a 2 or 3 penny move is definitely on the table. Will need volume of at least 8 mil for that to happen imo. MM will still whack bids to move inventory until they deplete the remainder of the last capital raise. I'm excited about seeing how they decided to use the funds from the offering though. Also would love to see some improvement o margins or forward guidance outlining a plan for improvement there. With good companies like this occasional public offerings end up strengthening their share price and polish the balance sheet. Only time will tell but 05 is a great deal. I'll probably slap today
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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