We're just starting to see the situation I described earlier where a flood of buyers will start coming in at the same time the incessant supply side is evaporating. You tried buying $2K and couldn't do it without pushing up the price. And we just got a raise in O/S so we know the supply side hasn't even been cut off yet, though I'm sure it will any week now. Now imagine someone who wants to take a $1 million position or even $100K...Good luck..The average retail investor doesn't even know about this stock. Once we're above $.48, which could be by tomorrow, it'll show up on many more screeners as a stock finally above its 200-day moving average bringing in many more traders. And once the cash dividend ex-date is announced the dividend yield will show up on stock screeners as well and be "official". Even at $1 most new people will pile in because it'll be a company with growing earnings (finally) with 1 P/E ratio, paying a 10% cash dividend. Obviously, any financing will greatly increase earnings growth and share count reduction. FOMO (fear of missing out) is about to kick in really hard here..
I just jumped on the ask for 2 batches of 2500 shares at 0.42, but only got one of them... MMs playing with us?
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