While disconcerting when you go through it, after 5 and a half years not my first dip with RVY/PM8 - although I acknowledge this dip is a little bigger and more sustained than past dips. However, I’m confident this is nothing but a response to the absence of news. But we already know what the news is and what it’s going to be, and we know it’s coming closer to the end of the year. No point being sooner. We have only recently secured sufficient operating capital until the end of the year - this is nothing more than skittish investors- nothing fundamental has changed here. Having said that, it would be nice to hear something about the ATF grant submission sooner rather than later - while not fatal if not granted I suspect it will provide a significant vote of confidence and boost to SP. Or…perhaps the current silence portends a surprise takeover offer being negotiated - not unwelcome in my view!?
PM8 Price at posting:
$1.66 Sentiment: Hold Disclosure: Held
