RE:RE:Fyi@Frewil
I understand and agree with you that withholding the news would not be right but he announced already the $40M contract and i think his transparency is coming back to haunt us. As an example I was up at 5:30am Mountain time and saw the $2.3M contract so the news could have been the same news without the $2.3M mentioned so this way the market players cannot figure out exactly all the earnings of the company and than it requires the market to analyze carefully the potential revenue. So it is a bit of a cloak & dagger and most company do that and Datametrex did it with the Covid except now we all know there is $20M in cash and securities and now you can work the numbers backwards and play the market as you wish. Which is being done by the Professionals.
In normal circumstances you would have greater volatility closer to the financial releases because some investors would assume higher revenues/earnings bullish and some others would assume more conservatively bearish. So, if all the market players were all bearish before the financial release and the financials showed much better then assumed you get a nice bull run or the exact opposit if the financial did not meet expectations, so it becomes a lot harder to control the price and to my way of seeing things, today we had a prime example of a few players being able to control the price. Regardless of my bla,bla,bla it is what it is and I am holding long and strong but like i said earlier I thought we were to get a 10% plus type day today and from what i see through my own DD and assumptions this is not a 10% gain type stock but a 10 baggers within the next 3 years.
Thank you for your input Frewil, it is always appreciated as a retail investor.
Fearlessgg