As of 13h00 we already have twice the average daily volume and PPS growth of 22% (went up to even 45% earlier today) without any news or explanation. I therefore we face speculation.
Whatever the case, with the PPS blowing up to 44,5 from 29,5 (50%) for no apparent reason, company should have issued a PR saying that they know no specific reason explaining this.
On June 15, we closed at 0,49 and last week we got a low of 0,27 (July 10). In between, no news whatsoever except an article from CFN media discussing 3 cannabis stocks, IPOT included. ('Israel's move to legalize cannabis exports and decriminalize domestic cannabis has created an enormous opportunity for Israel-based cannabis firms. The country's prime minister, defense minister and police minister backed the easing of enforcement of existing laws-ostensibly referring to recreational cannabis use in the country.'.
Short of having a serious news issued by the company, manipulators will keep fooling around with our PPS till the company issues the said news or at least a NR outlining a detailed corporate update.
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