What’s with this low 30’s trading range?A stock (especially a micro cap) being held down tends to be a precursor of a financing.
According to DD’s consistent message and the financials to support this, a financing is not needed unless a MAJOR contract is secured. Looking at the financials “major” would have to be well above the $10 Million mark to exceed GSI’s current internal financing abilities.
Unless such a contract very close to reality, this low trading range makes no sense to me as traders can't make any money.
Thoughts anyone?