Volatus Aerospace Inc V.FLT

Bought deal Likely but this will recover

[mikesright]

Im hearing Possible bought deal may be looming in the 1.20 range but this would only cause a short term hiccup. Love the contracts.

[GoodTimesAhead]

That's funny. I've heard that many of the LOI's from the winter should be finalized and get going this summer.  I heard that from the company though and judging hy what's been stewing, it definitely sounds promising. What are your thought about all those shorters Mike? How many of them have losses that they were forced to cover. Nice being long; ride out the lows and

[mikesright]

Your probably right.  My friend is a chart expert on a lot of these tech stocks. And he has this theory that  points out a lot of times that whenever they breakout 30% or more they tend to be prone to deals.   I'm long on this for quite a while. I see this easily a $5 stock at some point . This sector will grow exponentially soon. 

[thepharcyde]

This stock has been beaten downwards for months while waiting for signs of incoming revenue. Three companies signing contracts and drones flying out of an airport no less called for a fairly substantial movement. The company should have 20+ million in the bank so not sure we should worry about raising cash just yet. But yes I've seen some stocks run hard just before a bought deal...but usually

[GoodTimesAhead]

I know everyone thinks and invests differently but I have a long time horizon and so don't care much about the stock price. What I'm looking for are signs that this company is going to make it, or not.  My thinking is that in a perfect world the stock price will move up incrementally as the prospects of the company improve.  Due to reasons (small exchange, fear about the

[FOMOsapien]

Rookie question here, but what does that mean "bought deal may be looming in the 1.20 range"?  

[FOMOsapien]

Disregard. I looked it up. I gather it means we will see a bit of a pull back short term if that is the case. However it does come with a bullish sentiment as the underwriters would be anticipating gains from this $1.20 point?

[mikesright]

Really feel It's going over $2 by end of summer . Personally I think it will need to hit 1.80 or more for any institutions to get in.  let's just hope the us markets stay stable