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Message: Price Boxed In

With the low volume, they kept the price boxed in pretty well and nobody seemed interested in taking down the walls. A few big asks at 2.17 and 2.18 all week every day (and didn't come and go) funnelled buyers into the 2.10-2.16 range. Those asks never looked like they were interested or worried about being taken out. Almost seemed like everybody was in agreement with the arrangement.

 

We need an update asap. We need to see cash levels and revs for Q4. The PR machine has gone silent. Amazing how they can come up with the news they did regarding the 5 big MOU's and LOI's and then nothing. Give us news on small orders, ... anything. Just let us know someone is actually buying stuff. The longer they wait, the more suspicious people become. 

 

My concern is, I've seen enough situations like this before. Sometimes the big price drop ($1.60) indicates we might be revisiting it again sometime soon.  Hope not, but it's been amazing how that has happened. The shorts always seem to know more than anyone else. As an investor, this is not a situation you want to be in. 


Nov 25, 2016 04:52AM

Nov 25, 2016 06:51AM

Nov 25, 2016 07:47AM

Nov 25, 2016 05:13PM
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