Post by
TopStockBuy on Aug 13, 2021 1:49pm
Lower Volume
Lower volume today. My guess is the NR spooked the remaining warrant holders and they dumped to cash in on whatever they could get. The positive is that puts more free cash in the coffers. Not a big fan of the amount of warrants (or the trigger price), but they've only raised money twice is my understanding, so going forward I don't expect them to raise any more money. They have enough to make the two acquisitions and expand their existing business.
Comment by
Kalsabor on Aug 13, 2021 1:51pm
low volume but price up...we're in bull territory now hope we keep it this way
Comment by
kingscorpion on Aug 13, 2021 2:32pm
To add to your point actually the low volume you talk about is higher than previous 3 weeks volume the exception being yesterday's. Also good point on warrant holders cashing out on fear, I am hoping all warrants have been exersized It looks to be that way
Comment by
prophetoffacts on Aug 13, 2021 4:12pm
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Comment by
kingscorpion on Aug 13, 2021 6:16pm
Good one Prophet I am hoping because of their bobo in Q2 of this year they will over compensate by pushing sales well over last year's Q3 sales of $10.9 mil Infact push the revenues by at least 20% higher
Comment by
vinmick on Aug 13, 2021 10:10pm
The big volume (around 3 million on the venture and ATS system on the day of the news release) was probably a large portion of the remaining warrants. I would say there is probably less than 500000 left at most. They would be scared into selling them out just to get any profit. JMHO