was just the MM trying to shake loose some cheap shares. Come on...everybody can see how other companies stock jumps up after the close of a secondary offer. PLUG did an offer like this and their stock still traded 30 cents higher all the while.....
April 3rd well over $7. Looks over sold here. They can not find sellers here mostly mkt swapping. Short lived dips don't produce any selling and those dipped shares get picked up real quick. Any demand will push this very fast back to over $7 short term. There is no selling volume as the volume is under the daily average. Going to be good one oving forward short term. No mkt tomorrow - closed good Friday. Looking for a great week to the end of April.
The offering will off set most of this and thenew revenuses coming will increasethe bottom line that will be reflected in next Q. The time to get in is now and up to the next Q which will beat estimates for sure.
And the Sony contract. Between the Chinese buses and the Sony contract, this should double from here easily. Ten should be a no brainer. Just sit tight. This thing has a delayed reaction because of the short interest... check the chart for a year and note the short covering that took the stock from 1.25 a share to 3.50 a share overnight. Hedge funds love to hold down successful Chinese companies. They are small and easy to manipulate. Patience is rewarded in great fortune. Go long.