It looks very encouraging. He had even posted the day before the LOI was announced, essentially saying something like "Tomorrow everything changes" (paraphrase). Then the day of the LOI as you say, he connected that, incredibly, with dreams of going onto NYSE, with the news of the LOI right below.
It's hard not to be encouraged by all of that, at least in the short-term. Those who loaded at 5 really made out, and those that sold or hesitated are kicking themselves big time. It can still go south, but I feel like we have a real shot here.
Some guy was on Stocktwits essentially saying 1 in 1,000 LOIs go through. I don't know the numbers, but again, he was nowhere to be found on the Plandai page until the news came out and this had risen over 100 percent. I think it's just difficult for some people to stomach when a stock they were watching every day (but not posting on) suddenly surges, and they hesitated. We've all been there.
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