still would not buy unless it is around 70 until this either breaks 1 or we find out what ram is doing with the r/s and financing. If it does break one it will be over 2 in a very short time.
I would not trust this the kind of financing they are doing is not the kind that would get reported.
Still good to load in the 70 though
there are usually reverse spits that take place when they Pipe something this low. There will be a RS either with the announcement of cover shares or before the announcement.
Not sure you guys understand how they raise money with this Pipe. Funding is going on now with the selling. The price they announce it latter at has to be lower than where the shares are sold short.
This stock should have been over one this week. Also it was odd to have so much volume under one. So I did some checking and it is my understanding a lot of the shares were sold short and people think Ram is gona stick it in the #$%$ of the share holders with a PIPE. All the shares sold short are likely from Rams broker who is raising money for him and after they are done Ram is gona issue them shares to cover with on the amout they are able to sell short. So it will likely be a issue price under market price for the cover shares so the broker can pocket the difference for his services. So I would not advise buying more shares until we know more and this plays out.
stories of the year. Seems odd the board is still dead. Maybe give it another week. There will be much more intrest when the stock is much higher. Seems wrong but that is how it works.
there is a possibility this goes much higher in the short term now than even I thought. I could tell there were a lot of sorts in the market when I put in the order it caused a scamble. It there are too many shorts next week this is gona go sky high. Short term I was looking for about 2 but you never know if there are a bunch of dummies short in here under 1.
What you will see over the next several quarters is 100% growth and profitability. People now have to pay up going forward to own this stock and this growth.
In the past they may have reported one good quarter then a bad one. Now they have put 2 together. In the past they had huge fluctuation due to distribution of Samsung. The last 2 quarters we from our own products and this is what is different and what is HUGE. Now we will see more consistant growth and profits because we have control of the product flow. This is gona be a 10+ stock in less than one year because of this.