Starfleet Innotech Inc (SFIO)

[EliteYoda]

Yes I completely agree with that assessment. Often in company stories there are fundamental events or business changing factors that serve to alter the way the underlying stock trades. Since inception the history for this stock has been akin to a spike of buyers and volume on news of positive developments but then volume would trickle away and holders would eventually give up over time as the company story progressed as a start up without revenues. Now it seems that so far the price action over the term wherein this increase in volume occured is a completely different behavior, the stock now seems to act as a stair step going higher with new bases of investors accumulating under a floor of support which over time moves higher. I think this fundamental shift in the real company has had this affect on the stock and has changed its underlying behavior to now one that is much more stable and supportive. It does though make sense that the stock would build a positive base of investors just as the company finally begins taking in revenue.
I think that the imminent launch was on the mind of all of the eyes watching this stock and so those who did not happen to be watching for a Monday event with this ticker then the news came right at the beginning of lunch so not much volume going on then and also I think most investors/traders were seeking to know more about the details of any and all distributor contracts that may exist; I think that on THAT news the awaited price spike may occur and I am guessing that the expectation was that the launch PR would come out premarket and then another PR midday (after lunch) with distributor news but perhaps the company wanted to announce it at another time maybe this week (?). So we did have some volume but there were a few iterations of short cover then selloff then buy then selloff/cover, buy/cover/etc/etc you get the picture (lot of MM momo yoga waves and flippers frolicking) which caused to give the pps only a modest lift however I was impressed that in the middle of a market wide sell off SFIO was able to close rather green!
I think that this stock has changed behavior fundamentaly and now a positive base will keep accruing like corral over time on a reef which should lead to some decent day to day gains for traders and excellent long term huge gains for those who chose to be long and strong.
cheers

$SFIO!