Getting Prep for Thursday opening
Wednesday trading is the One Last Dance before getting into R/S. People are scared of R/S, especially in this company which has done it constantly.
Well, they actually have granted more time to fulfill the Nasdaq listing requirement. Eventually R/S news came out last Friday siliently and it experienced a major fall of almost 50%.
Why wouldn’t they wait until August to execute it instead they plan to do it ASAP? Worth a think. The possible thaught is because right now the market sentiment could possibly more hype than Aug one.
As what can see from the holdings, the institutional are accumulating more. Sometimes, the price fall 50% before R/S would eventually lead to greater heights after R/S. Looking forward to any upcoming major news to spike, let’s pray for it. It’s not easy. Kudos to those still holding their position. Any thoughts?
Disclaimer: “Trade at your own risk”
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steven smith38 : great report and think you for. shareing