Well...the company knew they were coming out with news today so that leads to me to believe that yesterdays action wasn't the heavy dilution people are thinking it was. Why would they?? Makes no sense to dilute the stock the day before you close a major loan that is gonna put money in your pocket. Remember, if they dilute the hell out of the stock and mess up the share structure they are hurting themselves as much as they are hurting shareholders.
I can't say with any certainty just exactly what accounts for all the shares traded yesterday, nobody can. I do know that there were a lot of people that were expecting news of the loan closing yesterday. The 25th was the expiration of the extension. I wouldn't say it's a stretch at all to say that a lot of people dumped yesterday thinking there would be no news and they wanted to get out with something.
Whatever it was it's in the past for me. I'm looking forward to the future here!!!! Getting this first big deal closed is HUGE for this company. They can finally say that they have closed deals on the books. Any would be clients that were sitting on the fence now have reason to go with this company for their financial needs. Not to mention the people that already have chosen them and we are waiting to hear updates about that business.
This has all the signs of a stock that is about to really make a major move. If they keep on track with the closing of loans, and I see no reason why they won't, we're just getting started here!!!!!!!!!!!! Time to enjoy!!!
Market Data 
Markets 
AI
