For months, ESSI languished in the low 30s with barely any interest. It was sustained by having a MM purchase small quantities everday so that the charts do not show a patient with zero pulse.
Today, it is different. There is an expectation of news coming and the market is very porous...someone tells someone and the news gets around. I am not in the loop but I sense something will happen and will be big.
This PPS should move up...it is a market that is gingerly tip-toeing back in. Once ESSI makes their announcement, the rocket will blast off and it will be too late to catch it at today's level.
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