Post by
GRBSlave on Jan 18, 2021 12:28pm
The pop
Maybe the news announcement caused the price jump. Although there wasn't any update in the news. Just making a press release pumps up the price?
Comment by
keveng15 on Jan 18, 2021 12:54pm
i'm assumig it's the 350k stock option @ $2.00 that's causing the spike? could just be the company securing the stock to grant the option? not sure if that's how it works..
Comment by
Allanapotashbelgium on Jan 18, 2021 1:37pm
The company will likely issue new shares for those options. Does not make any sense for the company to buy these shares in the open market as this requires significant capital/cash.
Comment by
Allanapotashbelgium on Jan 18, 2021 1:39pm
Not sure what is causing this, but increase is happening at high volume, which is always a good sign. Lots of shares being acquired at these levels.