stop. if you follow what I and some have discovered, the target has been .03 in October due to market forces of their tech, the average value of what a SPAC is, and the fact that they are heading to a big conference at the end of October.
PPS .03 is $100M market cap, here, and doable.
This week has shown me 2 things.
1) Its going up faster than I thought because the actual float that is trading is smaller than expected, probably just 200M to 300M
2) MAXM appears involved here as a support. There is no other reason for them to have been buying stock on the bid with basically no ask, for weeks here, and I suspect it started months ago. In fact, I found a post from January about MAXM eating shares.
All in all, I think .03 is low for October and .10 can happen.
I wouldn't be entirely shocked to see us at .25 or higher after the Conference if items come of it.
The most important thing to remember here is this. The management here is actively talking to investors, managers, tire people, car people, and some of those may or may not join the Camber Tire team, but rest assured, you will see unexpected buying for months here as those folks take a gamble and buy the stock, just like us. And I'm talking big boy buying.
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