Right but .... this is assuming that everyone is ethical on insider happenings. I’ve been down here trading trash for 20 years. When a big deal is weeks away the stock “mysteriously” rises as the material dates get closer. Look around. Even the big twitter pumpers can’t get this back to .02. They are successful with other tickers with no RM LOI’s.
Although... the counter argument is that PASO is diluting to keep the price at preLOI levels. I can think of many reasons why they would do that... one of them is a new deal pending.
Regardless, the lack of price action approaching pre delay prices is indicative of nothing coming from CLX.
Chances of CLX DA is 25% I’d say.. Bruce has something new pending.
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