I may have started this....or not.
My post recently alluded to rumors the company may have good
news on something in September.
I don't know details and my heresay is from third party financial
folks who know the company is interested in expanding/enhancing
this very complex ADS application with additional licenses and/or rights to additional software development for the benefit of customers..........
Hopefully, this relates to contract requirements.......which
hopefully will be announced in the near future.........which
hopefully will get this stock zooming.
I sound like Obama. Ha.
What happened today is: I took out 55,000 @ .0075 ASK around 10:15 ......which was all that was Offered.
The ASK then jumped up to .0099 but with only 17,000 shares Offered.....or some low amount.......it might have been 46,000.
Someone Bid .0070 for 170,000 .
A Seller then offered 175,000 @ .0098, just below the .0099 Ask, and that 175,000 got taken out by that .0070 bidder in two tranches, I believe, 160,000 & 15,000.
That left a new(?) bidder at .0070 for 30,000 and the original .0099 seller at 46,000 offered.
I believe the seller of the 175,000 came back in offering another 100K @ .0098 and then lowered the Ask to .0095, then .0090, and then possibly .0085 for a short time before retracting the entire 100,000 offer.......leaving the 30,000 @.0070 Bid and the 46k @.0095 Ask to close.
So.....we really only had 5 or 6 parties doing all this ratcheting
up today. Not many players really.
We still need actual news and progress to keep the momentum going
with fundamentals underpinned.
But, now is the time to buy if one is interested because this stock is very "thin" now as I stated before and today's action with just a few transactions reveals that.
jmho.
AI
