It's a simple explanation...The classic formula for Manipulated Pump in share price =
"micro-float stock + news (appears great but nothing of financial substance) that can cause unwarranted excitement then pop in SH (maybe even short covering)"
manipulated pump in share price
Likely pull back to $7.00... then lower when they do a secondary... Watch out for the price of secondary, if below $7.00 more pain.
There will likely be a lot of long-term holders who didn't intend to be...IMO...a long road ahead to breakeven for some.
glta...
Disclosure: watched the open...just saw the close...no position and no intention of initiating. Not my game.
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