You must be new to the markets. Management has a lot of power over what the share price is doing. With Cypress it has been crickets and
every single deadline has been late. If you can't see frustration from the backers of this company who have funded the placements over the years and been for years .... you are blind.
You say you don't believe there are NDAs.
The company has said there are NDAs. You are stating that they are lying. OK.
It's called getting the word out. It's called building the story.
We're trading below levels of the bought deal.
There are millions of shares in free float now trading due to the shorting ot the past few weeks.
There is no news still on what's going on with progress updates.
There has been plenty of time to draft a news release and get it ready to update everyone with progress to date, timelines, expectations, etc. There was no need to take in millions of extra cash when it wasn't needed at this level, causing more dilution than required. We're boxed into a corner with the NDAs squeezing us - because they won't reveal themselves
BECAUSE THEY WANT THE PROJECT CHEAPER and there doesn't seem to be any urgency on CYP's part to get away from them.
HOW DOES CYPRESS EXPECT TO SELL FOR FAIR VALUATION WHEN WE NEED TO GO UP ABOUT 6x JUST TO MATCH PEERS - according to these charts from Battery Juniors, Peter Epstein, etc... CYP should be asking every auto maker to have a look and put in their best offer. Build competition - build urgency. This is being treated like a secret science experiment.
The project itself is fantastic and the technical know-how here is amazing- but the other aspects are very worrisome. Say what you want about s h i t t y stocks like American Lithium but they are 3x our market cap.
TAKE A LOOK AT THIS CHART - NOTICE HOW CYP IS LAST. THAT ISN'T RANDOM COINCIDENCE.