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Windbag1014

01/04/24 11:06 AM

#110317 RE: SPM555 #110316

Do zero volume days figure into your calculation of a base? What is the official treatment of zero volume days in TA?

imiloa

01/04/24 3:45 PM

#110325 RE: SPM555 #110316

hope springs eternal.
mark should hire you to do PR for him.
you're far more articulate than cornerstone ever was.

as for how it plays out,
if mark can follow-through on the tweets
and get production rolling on a couple projects
before doing the RS,
then, fwiw, i agree with your basic logic.

i just see both sides of the risk here.
and, imo, the potential downside greatly increased
when mark announced the RS
and 5x dilution ceiling overhead.

as ever,
i honestly hope your instincts are correct here.
for my part, i'll believe it when i see it.

btw, re: "12 year base breakout,"
did you know MIKP was in limbo on the gray sheets
since getting booted in 2012,
only returning to pinks again this past summer.

so the decade prior to 2023
was effectively cold storage for this ticker,
during which time, mark didn't do anything productive
with the IPs he had optioned over that decade.

hopefully, you're right
that he finds his footing this round
and actually does something with the new IPs. 🤞

time will tell...