The stock had a MC of $7m as at today's opening despite an impending NAsdaq listing, a heavily oversubbed $8m CR and .......wait...an MOU with a global semiconductor company in place. ONly 200m shares out there. three directors hold 25m.
And you wonder why it moves when someone points this out to everyone who had no idea because no-one was looking at it ?? What are people supposed to do, wait until the company comes out and says "the MOU with XYZ is actually moving to a contract..." or "Tomorrow we list on NASDAQ" and only then start to punt ?
I swear some people should not trade.
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Where did all this start from, page-3
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