What we are seeing isEither someone is unloading a huge position from a previous raise, or they are prepping the SP for a cash raise upon NASDAQ approval. This is not retail selling their shares. Anytime the SP has a .10 cent increase it's instantly met with sells. Dropping it .20 to 50 cents per day for 8 days now, It's getting ridiculous. But I bought more shares again for the second time this week.
Trading 3 x sales even less with the new acquiistion. If it keeps dipping someone is going to buy these guys out, management needs to be aware of that. Not many companies in new sectors trading only 3x sales and EBITDA positive. Trading 1/3rd of GAN with better numbers. Better revenue than SCR by a mile valued 3x lower than them as well. This is a huge buyout target at these levels. I keep adding bc with this valuation it's more than worth it.