MMs? Shorting? Ehhhhh, although shorting does occur here, it is so negligible it has no effect. MMs have no stake in this stock, none are making a market, this is a NON SOLICITED QUOTE stock, and as such is traded on a computer algorithm matching trades. The game played on these are huge retail painting charts and putting pressure on the Bid. They use blocking trades on the Ask that limit the upward movement, it is all a patience game of making smaller investors bail when it appears no progress is being made. The picture is painted by big fish to create emotion from the little fish.
You see it clear as day right now, no PR’s and only those here and a few other places know that the PBR is up. There are investors out there wondering what is going on and see the stagnation in PPS the past 8 trading days. By throwing trades at the Bid and trying to push it towards sub penny in hopes of setting off stop losses and create panic selling.
Right now we are the only ones who can call a future value based upon knowing the PBR is up and running at HQ. The market has no clue about it and therefore we will not know the true value until such an announcement is made. I think .05 to .10 is too high currently as we have yet no idea of operational costs up to this point and future overhead associated with production. But if were to put a value on it with current share structure I would say .03 is much more realistic at this point.
