How long has spng been on the grey sheets? What price has it been trading?
If anyone wanted to sell for a tax loss they had ample time to do so prior to Dec. 24.
Do you think day traders were waiting for this date to close their position? Guess the day traders you speak of are longs since this stock has been dead as a trade for some time.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.