You're looking at everything from a mathematical perspective it have no intimacy with this stock, how it's traded over the past few years, and why.
You are right. Today's announcement does not justify such a spike based on revenues.
The spike is purely because every step advancing into a country of 1.3 billion people is buying credibility. Credibility has been lacking for years - not the potential. Now that credibility is being sustained, the extraordinary potential is achievable.... regardless of market caps or any of your pretty graphs.
People are rushing into the lift on the ground floor, believing the sky truly is the limit.
Call it an anomaly, callit freakish, call it illogical, call it what you will..... it makes sense to the long-term holders, even if you can't make sense of it.
SMA Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held
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