Dang!!!Would of been nice to see a little more upward momentum !
Not disappointed, just trying to understand the play here.
It might appear that some individuals , entity or private party being represented by a brokerage firm wanted in at these low levels.
The buying caused a temporary uptick with above average volume and today a down tick on anemic volume.
So, we know the price is easily manipulated and perhaps there are more buyers wanting in at the sub .15 cent entry point???
The volume could also indicate that the window could be closing in the near futur at sub .15 and they may want to accumulate sooner than later.
once the company makes an announcement of a continued ramp in larger sales, these price levels could evaporate rather quickly.
A word of caution as I have have held this guy on and off for several years and now hold an over sized position today. It can spike upward for a few days, but has a history of pulling back after such a move.
Its a ridiculous looking set up with all their partners, the size of their DC market and the only leading technology with so many advantages in cost saving and efficiency’s that exists today that has been tested and heavily insulated with multiple patents!
What I mean is there is no fluff here, it’s a tangible product that has obviously been designed by a brilliant team of engineers to supplant optical connectors in their current form today!
Its really close to the time frame to ask that Genie for wish number 2!
All my my posts are simply my opinion only!