I've seen this pattern in a few OTC growth stocks that R/S pre-uplist. My L2 shows that 1-day flatline chart for the 20, then pops-up 20% on the D drop. 2 months later it's uplisted and up 40%. Never in these has there been any dedicated MB to talk to longs. Anyone throwing the chicken coop at this? §SIAFD
The reaction of analysts when the upgrade to Naz occurs will be total surprise. All of a sudden they have to look at a highly profitable company with a long history of growth in earnings. At the same time, this company is selling at a PE of 1. The reality will be some panic buying, mainly by the funds in the sectors of agriculture and growth stocks (about 40 funds should be interested the first day).
I could be wrong but I think that's what everyone in here is banking on including JoeN.