I've been involved with several unknown companies or known companies with unrecognized potential who were about to tell their stories to large investors. Sadly my memory recalls zero instances where the share price increased immediately thereafter. In fact frequently the share price fell...one last chance to flush out enthusiastic early investors.
Wall street responds to increasing revenue stories and frequently waits until that revenue is recorded. Unless PT and EK have that story to tell your expectations are likely to be unmet.
Maybe PT and EK should read this.
However to their credit they are doing what they are able to get this company on the radar. Advancing from $25m to $50m in a quarter will turn heads....when that happens......the chase is on.
Now all bets are off if they are presenting to hedge funds that will view Anson's short position as fair game.
Either way I am here until the pine box calls.
Pine box...Reminds me of Pinetree...if they satisfy their covenants then Sheldon can act on these bargains. If $10 looked good we can imagine the allure of $5.