Syzygy,
Only problem I have with your second chart is, I don't believe it will be May next year before it breaks out. I think earlier
Anyway, here's another view - Twiggs Money Flow - a very reliable indicator of accumulation while the SP is flat-lining or heading south in the face of improving FA.
You can see bouts of profit-taking on the spikes, especially immediately following relist, but the overall trend is accumulation - bullish divergence vis-à-vis the SP "languishing" while FA improves. Interestingly, the trend started when the SP was still in the 3 cents range, so value was seen at higher levels than now, and continues to be seen. Smart money getting set, my take on the tea leaves!
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