Well, we'll see into the close today. Problem is Sweden is closed, so suppose that lowers the likelihood of a strong close, but increases the bullishness if it were to close HOD.
The whole promise of financed share being overhang is mostly supported by the educated guess that the holders have to sell. So they can't leak out 10,000 a day because it takes too long. And they can't put in a market order for 1M shares cuz they'd get filled at $.40 or something.
The same is true in reverse for someone who wants a new 1M share position. Buying at 10,000 shares a day would push them past the time and the catalysts that comprise the reason they take that position.
My hope is that the operational glide path for the next 18 months meets a new share supply and demand dynamic, dramatically changed by trading in Sweden and less shares issued to fund capital development. This is starting now, but just starting, and it is not 100% guaranteed.
But the plan is in place, and actions are being taken. The sooner the plans evidence and the dynamic shifts, the better. We'll see if today signifies a one day victory or not.
There will be more battles.
