Here's what's happening.
I think it's quite obvious what's going on. You see, what we have here is a rare opportunity. There are some major buyers of the stock who are trying to accumulate as much stock as possible at these current levels. They are doing so by moving the stock up on news just enough to create sellers. They are even playing both sides just to create the illusion that there are sellers so they can suppress the stock. When they feel they have enough stock, they will let the stock move and support/drive it up it along the way. They are simply waiting for the Israel news and the new stock that will trade in Israel very soon. When they feel there is going to be a huge move with no way to stop it, that's when they will stop holding up the stock. I am telling you, I have seen this many times before with companies that are in position to substantially move. A $100 Million Dollar contract as the 2nd deal announced is huge. You will not find another company out there with the potential that this has. Someone knows this and they are playing with the stock. A major breakout will occur at $.21 or so and they are holding it beneath there.
There is absolutely no way there can be a real seller on the ask except an artificial seller that is really a buyer in the stock and some people who get sucked into selling based on the price action they see.
There is no way there is a real seller in there as all the stock is locked up in long term investors' hands and a huge story is unfolding day after day.
The other variable is that the MM's and the Pink Sheets. They are playing a huge game with this but that won't be for too much longer. Pink sheets is history this month- next month at latest.
Bottom line- there are people holding this down so they can accumulate shares before the big move. They can get away with it, along with the MM's because it trades on the pink sheets and they can sway the stock very easily since they can dictate price action. Notice how volume was low for most of last week. They sit there low waiting for a seller to give them stock. Then they gently move it up when no one hits them. When there's news, they know no one is going to sell them stock in the morning at the low price so they start buying it up and then add offers on the sell side to create an illusion. They are good at what they do. When they feel there is no way to hold it back anymore, they will support the rally. We all know that this stock doesn't belong on the pink sheets and that the pps should be way higher. I personally think we should be $2.00 or higher with no problem.
