This speculative tech stock is haemorrhaging heavily and losing more and more market capital by the day.
Has to be a couple more credit raises to fund the first 20 pearls looking at the burn rate of cash and current liquidity.
Retail investors are going to wait until the next credit raise to buy in after at cheaper levels.
Institutional investors want demonstrated revenue before they will be prepared to buy into SAS.
What does this mean? It means the current downward trend is going to continue. I foresee SAS touching 7C by the end of next week!
IMO "7C is coming back" the trend is your friend.
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