What will the price be tomorrow., page-56

Relax Traders. This is likely to be a positive announcement. Companies typically don’t initiate a trading halt followed by negative news pre-market. Instead, they aim to give investors time to digest the information and build momentum before a potential capital raise. If the price reaches $1.80, I'm out. Had this been announced on a Friday afternoon or mid-market, the situation might be different. This announcement is expected to be significant. The early trading halt may have caught short sellers off guard, and given prior expectations for late March, this timing aligns well. Volatility in the stock price often creates opportunities ahead of anticipated announcements. Shorters may push this price very high today as they try to close out.