no idea the stock is trading on bugger all volume.
positive announcement and the buyers come in from nowhere.
this stock has no liquidity..
look at the market depth though. there are some serious buys stacked in there.... for 50k, 300k, and 205k
i picked up 25k at 17.5 cents. looks to me as though there is a floor under the upward trend... could be pulled as we know. but first time i have seen some serious orders for this stock.
as far as i am concerned the people who bought $3 million at 30 cents for the capital raising will want a return....
theres only 60 grand worth of stock on the sell side....
would take about 30 grand to get a 100% rise....
the stock moves in 15% and 20% gains on multiple days from what i have seen...
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no idea the stock is trading on bugger all volume.positive...
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