RE:March 22nd
GreenReturns1 wrote: 8.5 million shares are available to trade...
Does anyone predict a trend reversal after this week? What's left to hold the SP back?? ID has cash, revenue, I assume a pipeline of new agreements, earnings which are highly anticipated in April and May... and we have good reason to expect the company will be profitable within Q1 or Q2.
Whats the fair value of Identillect? And do you think we will be fairly valued moving closer towards these catalysts? Also, any technical analysis that can be shared would be helpful.
The stock is currently shorted at a ratio of 22% of all share traded in average per day since 3 weeks.
Sharks are loading to weak hands before the reversal. A single news could make the reversal itself but I expect a little covering to occur within days. We're way undervalued right now. Book value is around 60c/shares
Long and strong.
Regards