Another stock I hold, HMD, got FDA on Monday. Last week it went up significantly, and when they got a speeding ticket, they informed the market they knew of nothing that spiked the share price. One day later they are in a trading halt and Monday they announce FDA. Very possible that FDA has a leaky ship. Although I won’t hold my breath, RAP has had numerous 10%+ days that have resulted in nothing being released, other than a strong share price pull back.
RAP Price at posting:
31.0¢ Sentiment: None Disclosure: Held