Want2retire: “Want2retire: “How long has it been gone? What has happened to the share price since? What had many predicted?”
Monday was the announcement that the payoff was complete, as I’m sure you remember. The share price has remained stuck below a nickel per share. Some predicted a nickel a share before the end of the week. You predicted a slow climb. EoT predicted a share price of a dime before any more news came out. Seems like you can take your pick.
But all of that is beside the point. ‘When do we get news’ was the question at hand. From what I gathered, as soon as Yorkville was paid off, the dam would break and flood us with great news. So far, crickets.
I confess to a small amount of puzzlement over the modest increase in share price post-announcement. Pretty much everyone reading the board knew the moment was close at hand. I’m guessing all of this action must be from investors who don’t pay any attention to iHub. I suspect they are anticipating a big announcement early next week. If they are right, that will be very nice. If they are wrong, I suppose the price will start to sag back down. Of course, this could be a pump and dump scheme where the share price gets pushed high only to quickly fall back again. In that case, I will once again be faced with a quandary of whether or not to trade long shares for short ones. Nasty business, that.