RE:ZacksIs that before or after the 10 for 1 roll back ?
The constant pressure on the stock may be because some anticipate a roll back is coming sooner than later. That's not all bad as long as it's executed properly and a US broker/ Marketing specialist has been retained to manage the stock properly through a US led financing or to make sure any stock coming out is well placed.
Take a look at Green Power ( GPV ) for a recent example of a deal that was well managed on it's way to Nasdaq. That was a 7 for 1 roll back. The stock was trading at less than .50 equivalent in July, converted to $ 3.50 and is now around $ 28.00, an 8 bagger !
Sona is another recent example, a bio, it didn't require a roll back to qualify for an uplisting and it only tripled but still not bad.
I'm waiting for a knee jerk negative reaction to a roll back announcement and inted to take full advantage if it occurs.
Amigo11 wrote: Zacks out with an updated timeline/valuation 12 months out for $3. Per share of ATE-not quite sure why 500,000 were offered at the close at 39 cents.One side ,either the Buyers or the Sellers,is going to be horribly wrong !