I have not watched Clay's video. Did he speak negatively about the chart or something? This is not a chart play at all. This is a play on FUNDAMENTALS and the fact that an otcpink current info stock that was once trading on the NYSE and was inappropriately delisted, then after several months information was submitted and confirmed by the NYSE allowing for the reinstatement of their prestigious NYSE status.
You guys are all aware that this stock was trading at $14 a share and then started to reverse and then the company issued a secondary offering at around $5.65 a share very shortly thereafter, they were delisted, so there are so many large institutions in this position at $5.65 and higher. Trust me when I tell you, these institutional investors want this stock to get back up to where they made their investment and some of them are prohibited from purchasing OTC pink stocks so they have no choice but to wait for this to get listed on the NYSE to begin averaging down. This is the reason why the share price should move up at least 50% higher this week
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