RE:What’s going on?Hard to say - I am looking at the volume and the million shares that sold in the morning were from Raymond James and they just sold to themselves.. so not sure if this is a real "sale" if it's just moving from one of their clients to the next.
There's a big buyer at Canaccord that has scooped up 193K shares, Raymond James is up 176K shares from this morning and a large chunk of Anonymous buying. This stock has been slowly drifting and so my thought is that they were waiting on the sidelines until it hit the bottom before picking up before earnings.
The big event coming up is really about the new facility coming online and when exactly it's going to happen and if it will actually produce the cash flow it's predicted to. If so, we are looking at a 100% return very quickly.