Eyes on the PrizePrice action has been tumultuous lately. Appears that we got some short interest and churn happening as we broke into the 100M MC level.
Not unusual. Once we establish a solid support level we should be able to wring out the traders and weaker hands to move north. The company has been making progress as per the latest release; they are making strides to expand their margins and revenue by adding accretive strategic partners.
With only 40M shares out this is becoming a more appealing take out target with every day. Management has done a great job managing the growth and integration of their added-value components. I believe we should see a return to recent highs and then beyond with earnings in Q4.
If you look at comparables in the industry you will see what kind of premiums are being tendered for acquisition targets of this calibre.
Nibbling away and holding.
Just some of my thoughts.