Hi amit, the response of the BIT stock price to the recent...

Hi amit, the response of the BIT stock price to the recent announcement came as a surprise to many of us long-term holders. Not because it wasn't a good announcement but because it wasn't really all that surprising given what we already knew about BIT225.

The price went up because all of a sudden, probably because of the way day traders massively boosted turnover, people who previously had never heard of Biotron suddenly noticed the stock and thought it might be worth a flutter. Most of this market demographic are short-termers, weak hands if you will. They are not interested in holding a stock if it doesn't continue to rise quickly and take the first opportunity to exit. This is what we are seeing. An exit on, as you say, no new news.

The plus for us long-termers is that we have enabled a whole lot of stale holders who were trapped by falling prices, to exit. We have established a higher base-line price and when we get the next good announcement, we will see a better and more sustained price response imhop.