Post by
Golden100 on Jan 31, 2023 8:42pm
Possibilities
It has been really quiet. No one knows what's really going on but these are some of the possibilities that I can come up with. My favorite would be a large contract or contracts are being signed. Or we are being sized up for a takeover or merger. Not too crazy about that one unless it is a good offer. Or they are in the process of setting up financing which could include a reverse split. Either way there will be a financing. Not sure about that one. Or we are on the verge of dhs certification. Would be nice. I guess bottom line is we just don't know. Any other thoughts. Bankruptcy just doesn't fit the picture for me as they have said access to financing was already in place and easily accessible within days if needed. Any other thoughts?
Comment by
Yajne on Jan 31, 2023 9:30pm
Whatever it is, it's all great. Market sentiment is good right now...might even know something coming. Have been long PAT and now XTRA for several years and believe they're finally on the cusp of some major sales. The alliance with OVG was a major turning point IMO. Guess we'll see soon enough
Comment by
Golden100 on Jan 31, 2023 9:47pm
I like your thoughts. Definitely has been an increase in volume so hopefully something good is up. I am sure something is going to happen soon. Seems like somebody knows something.
Comment by
Pandora on Jan 31, 2023 9:46pm
My only oter thought would be don't even think about a reverse split. That is a sure sign of disaster based on the half dozen or more I have already been stuck in over the past 3 years. I absolutely detest them.
Comment by
Nightstocker on Jan 31, 2023 11:40pm
A reverse split is the death knell of a publicly traded company. Break out the pitchforks and the torches if that goes down.