Added some more at 7.00 on this dip and news.
$Kalera AS(KAL.US$ Added some more at 7.00 on this dip and news.
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AllSeeingGuy : But, this is not good news, Bro? Just hold...?
Mcsnacks H TupackOP AllSeeingGuy: Its good news. They won't have losses. They will now have profits to report.
Mcsnacks H TupackOP AllSeeingGuy: It means they won't have to add shares and do anymore prospectus.
Mcsnacks H TupackOP AllSeeingGuy: This kind of movement indicates an institutional investor has bought in for around 7.25. And they will hold their shares and let it run way up before they put them up to be borrowed.
AllSeeingGuy Mcsnacks H TupackOP: Excellent. Thanks for the explanation, Broseph.
Mcsnacks H TupackOP AllSeeingGuy: Or the institution is covering in 10,000 share blocks with the price increase per block being 1.20. 60,000 shares then would increase the price to 14.00. They have until January 28th if they are covering.
AllSeeingGuy Mcsnacks H TupackOP: Gotcha. THNX