3 key factors In my opinion, we will go upward around 20-25 cents as fast as we went downward for twos key reasons :
- The stock was manipulated down with paid basher who dissapeared, which will implie covering from theses short that snapped cheaps shares
- The market waas not used and aware of exact number. With current 35% growth, smart money got confirmation of profitability reached and therefore expect that at current growth, FY 2018 on a 15x PE profit basis should bring us around 1.25$/share IF the trend maintains and continue. I think it will go way faster and bigger with GDPR but still
Finally, 3th reasons not realated but still key.
The weed bubble is finishing and lot of momentum money will come in Identillect and other cybersecurity stock to specualte on Identillect.
I expect a very quick returns in 20c + and relativly quick return above 40 cents + in fews weeks based on additional institutionnal money floading in this venture
Cheers