Seems like another dip is in the works... I just don't understand this stock.
Trading less than 5K shares today so far, and the bid/ask is at 8.30/8.40 so a 5K share day can drop this stock 5% seems to be a large problem. With only 6M shares in the float - that's too low, but in order to get that up, that means dilution... which will inevitably comes, which im not 100% opposed to, just because its part of the growth process.
When they split, did they mismanage the number? Low volume can push the stock down quickly, HOWEVER, it can also push it up quickly too. But it seems like the latter is usually the case.
Anyone have any thoughts on this?