No one is claiming this little run-up is anything other than what some of us believed all along... that the steep decline was primarily driven by convertible shares being dumped by Rob Rill while shorting the stock at the same time. When the conversions/dumping stopped, some felt the share price would stabilize, and when investors realized the revenues were significantly higher than market cap, demand for shares would cause them to rise again. That appears to be what is happening. Those of us who continued to buy during the steep decline are seeing profits on some of our shares even though we're still way underwater overall. But it's a start in the right direction, and the share price appears to be reacting how some here predicted it would when RR stopped his actions. I believe he is out of shares that were converted.
I'm no longer buying, but I think some are still accumulating... JFB? Redspeed? Others?
The 10-K and following 10-Q will shed some light on whether business is turning around or not. I believe it has turned based on what GC has posted over the last few weeks, and with his 5M share purchase. But I'm keeping my expectations low for the Q4 numbers because of the issues with Provista and the delays with the botanicals rollout and 3CL funding.
Still a long way to go for longs, and we are certainly happy the price is no longer being decimated on a daily basis. You seemed happy when the price was tanking every day, yet now ridiculing longs who felt they understood why the price was dropping and took action to increase their positions, some by many multiples, who are now starting to feel they made the right decision to lower cost average and be able to reach break-even at a much lower price point.
I don't believe for a second we will see a 1:500 RS. And I still believe longs will be rewarded for their investment in Todos, given time.
