Bob,
I should have said repose, further reflection, and more accumulation.
I believe we've seen slow but steady accumulation over the past few weeks. Friday's result was likely a bunch of folks getting in at the last moment, banking on something spectacular next week. Most of those people will sell out during the week if their expectations are not met, some few with foresight and having performed reasonable DD, will hold. And so it goes. There's been accumulation. Just look at the new names here and on RB. And of course there are many lurkers, too.
And look at the percentage move on Friday past, with only 1.2MM traded. That indicates, to me, prior accumulation. What will our percentage move be when we have 4-6MM traded several days running? I, for one (you, for two) will be there, grinning like a sitcom audience.
When we do have PRs of a more tangible nature (i.e., something we can sink our teeth into), our shares will appreciate considerably. When we move to NASDAQ later this summer (hopefully), and have a good PR firm behind us ... yikes!
Regards, Tim |
