Looking at volume and trades both on and off market, it seems to me that there are 2 forces at play. Good volume buying just prior to Fonda results and that 100 - 200 (1000) seller just out of reach keeping the price down - funny how the trade disappears after market close. It takes me back to the mysterious 21,000 sell orders last year.
So Fonda results out maybe this week or next, I'm going for some good news especially due to the cheaper manufacturing. My stab in the dark is about $3mill after expenses. I would be even more stoked to get an announcement stating that no capital raising is required in the short term. I still live in hope that ACL will one day provide for my children's education - that said, communication is probably the most important aspect of any kids education. Lets see If Mel delivers.
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