I would call it pump buying, but I wouldn't be seeking my opinion on this stock, I bought at average of 2.9c and sold at average 1.7c!
My suspicion is there has not been a Feb sales announcement because they didn't hit the fabled 20% MOM growth figure. I also suspect the VR partnership is a distraction to selling the main product, with a low probability of any meaningful financial returns in the near future.
This is all based on my distrust of everything in the announcements compared with what has thus far been translated into revenue.
My best guess is that this "pumper" will turn into a "dumper" before the next quarterly comes out. If not, it will be soon after.
No hate mail please, just offering a reply to people who like to tag me on every green day. Researched replies welcome.
VPC Price at posting:
2.6¢ Sentiment: Sell Disclosure: Not Held