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Wednesday, May 29, 2024 4:20:02 PM
Meanwhile, GRLT is trading over a billion shares, and it has a much higher share count (with 4 billion OS), and this is because of an LOI for, ironically, a joint venture for Pet Food. Same sector!
I'm not sure there's ever any rhyme or reason in the OTC. This one could wake up again - none of these OTCs have good balance sheets, so I rule that out. I think there are just a lot of momentum traders these days (like we're seeing with GRLT today, and of course what we've seen with GameStop and AMC many times).
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