Thursday, December 07, 2023 11:59:23 AM
Investors should be cautious but if day traders want to ride the wave and trade for a quick profit, more power to them. This stock has 1,680,374,596 outstanding shares but only 534,007,888 are unrestricted and the float is only 380,753,902 shares. This and the fact that they issued their first PR in over 8 months and that they are targeting the AI market makes them a tempting target for a pump. That doesn't necessarily mean that the company isn't legitimately trying to enter the AI market or that this effort will ultimately fail. However, as you rightly point out, their track record does not inspire a lot of confidence.
Les
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