Post by
Redwine12345 on Feb 28, 2024 10:15am
volume
Regardless of meaningless releases from Europe, the volume on ask side supports at 6.5 cents. there is always around 300K to 400K ask. Quite a few shares traded into bid yesterday. I thought the bid would come down to 6 cents. Guess what, it is back to over 500K on bid side. It is deffinately someone is playing accumulation game.
Comment by
okgonow on Feb 28, 2024 11:18am
i accumulated yesterday... lol....at the ask BTW
Comment by
Redwine12345 on Feb 28, 2024 12:26pm
Right now I can see on stockwatch 100K traded at 7 cents. and then 1 lousy K traded at 6.5 cents to have a red color.
Comment by
Redwine12345 on Feb 28, 2024 12:34pm
By the way did you noticed that insiders are exercising their rights and getting common shares in February.
Comment by
corvette67 on Feb 28, 2024 2:13pm
The insiders are probably expecting someone to buy it out. That is the only way this is going to move since it has been stuck here for two years. GLTA
Comment by
Olaf123 on Feb 28, 2024 2:20pm
The CEO explicitly said he expects to acquire another company not the other way around.
Comment by
subaru1 on Feb 28, 2024 2:26pm
He said M&A but i am quite sure if a good offer comes in he will throw a look at it.
Comment by
Starkicker on Feb 28, 2024 2:57pm
I would think with such a weak share price just about anything is possible. JV, purchase, hostile takeover, etc. Most unlikely imo opinion is further acquisitions unless there is some serious revenue expected in the near future.
Comment by
Olaf123 on Feb 28, 2024 3:42pm
M&A that's what I meant. <>
Comment by
subaru1i on Feb 28, 2024 4:06pm
Olaf123...you are incorrect...CEO said they are looking at M&A activity....that's a two way street buddy, buy and/or be bought.
Comment by
Olaf123 on Feb 28, 2024 4:52pm
sub you reading machine does not work well.
Comment by
subaru1i on Feb 28, 2024 8:19pm
Ol..your typing machine does not work well.