I have a very wealthy investor friend who is closely watching this stock.
They are ready to jump in as soon as the technology looks proven, as they pretty much play it safe and only go for yield stocks.
If it goes, they wont muck around and put big bucks into it.
I would say there is probably quite a lot of conditional interest in this stock, on this basis.
Once it starts to go, it is going to rocket off.
Sorry I don't know who this guy is, who was quoted on a previous post.
But he seems to think this stock is thinly traded and tightly held.
Which suggests when it does go up, their will not be much resistance to hold the SP down, like when it rocketed up to $32 that one time.
Graeme Newing: Fri 20 Jul
Trading portfolio
I bought back into Audio Pixels (AKP, $16.20 down 36¢, $436m) today, or I tried to. But the stock is ridiculously thinly traded because most of the capital is held tightly by management and long term holders, and I only got a tiny fraction of my order at $16.10 completed. I had sold the previous holding at $16.17 on 4 July, but the chart has since turned positive.
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