RE:RE:RE:In good handsI was merely noting the coincidence that the stock has setlled ~$0.02 away from the warrant exercise price. I'm sure it means nothing... just an observation.
I think it fell hard from $2 down to $1.30 because those who had PP shares and free trading shares sold their free trading shares because they knew they couldn't sell their PP shares and weren't comfortable with the exposure. I also think buyers ran away because it was well understood the market could potentially be flooded with PP holders dumping their shares.
Having said this the volume has been somewhat light in consideration of the PP shares now being free trading and the price has firmed up; we haven't seen a flood of selling yet; I suspect everyone is looking towards the next quarterly report before acting. If I had to guess, we will revisit the recent lows of ~$1.30 if there's a hiccup with earnings or we will rip higher towards $2 if the results and guidance are excellent.
Good luck to us.