I still do not see any substantial institutional buying. Only just a couple of 10 k orders today and that is still retail. There are only 7.5 million shares available because 25% already in the hands of institutional owners.
I think we are going to see a couple of days with more then 1 million shares which drives it above USD 10 per share. Finally .......
so your going to completely ignore the fact that we're already at 6x the average daily volume over the past 3 months, and we're going to close with the highest volume of shares traded for this stock...ever
no but still no institutions buying this company. no big orders are coming in like 50k 100k etc.
I think many current shareholders are buying at this level of 40 . 50 60 cents per share, because it is still very cheap compare to 1 or 2 years ago. Finally management communicated and that is a relieve. There is still hope and information although i personally do not understand why it took so long to communicate properly. They had so many chances to do it, sometimes only took 2 or 3 questions form investors etc. Maybe they learned or maybe this all part of the plan to run it up all again to usd 2,-