Algorithmsappear still be manipulating this stock. We had a very brief uptick in buying which lifted us to a new 52 week high which was nice to see but our single biggest challenge is we are 100% retail play.
My question is does Arch have an investors deck? Is Arch management actively pounding the pavement with their investor deck outling the numerous reasons this is a screaming buy to Brokers, Instutional and Pension funds.
We have had a great deal of very good news and we have doubled from our 52 week low but we still still sit at $2.40 and market cap of $148, which is far below where many of our similar stage peers are. Honestly speaking we dhould be at $1B or higher at this stage with our science and past results plus new IND in the works.
Retail will not take us to the fair valued promised land, We need big buying volume to step in to move this.
2024 is shaping up to be a great year with news but the big question is when will institutional boys push their chips in and go long?