Come on X, of course we want to know what is behind this : ^ )
One could literally go crazy thinking about this. Who wants in that didn't get in on the raise and is willing to pay now?
Is this manipulation to raise the price artificially to tap LPC?
Is this manipulation to raise the price for the issuance of shares in connection with an acquisition?
Is there something behind the scenes that has been 'discovered' or accomplished that folks are whispering about to everyone but me? (Probably : ^ )
Is this a sudden rise on technicals? (I don't think so)
But here is what I do know. The issue traded 7.5 times avg. volume yesterday. Seriously money has flowed in from before market open 2 days ago. Sarge shows up for the first time in years and says we are almost there... and the market cap pre-market today is 61 million.
I have always maintained this technology IF proved out is worth billions in discounted cash value. If we are even close to any of those things mentioned in the letter, it is worth many, many multiples of today's value.
Something tells me we will never know, but it has to be showing up on folks radars now. The DOW drops 300 points and we prime ourselves for a move.
Watch ... we trade on 52K today and close at 1.09. (But I sure hoe not)
Best to the longs,
F2