This Lack of info will not continue. To many institutional holders with a large holdings for this to go on much longer.
JMHO, believe we will see price below $7.25. Biotech market is pretty soft presently, IMO we will need. Positives news from NVAX. To go higher . GLTA.
Now we know what the MM believe stock is worth. $7.25 per share . The price of the offering. Does anyone know if Fidelity still has their huge ownership iin this stock?
Looks as if we're entering buying Area for this stock. If Swir is doing so well, MIFI also should do well.
Same thing happened with STV (China Digital). IPO was $16 stock went to $40+ and the. Dropped to the $18 range they came out with buy now stock is in the $3 range. Amazing.
Wonder what Fidelity thinks about this decision as at one time their funds had approx. 18% of the outstanding shares not sure what they own now. Just look at the major hoders of the shares.
Wonder if insider Modi still has his 7.5 million shares that e owned as of Nov 2014
Nothing has changed with this company. no reason for stock to be down just Minipulation. Still holding my 20,000 + shares for the big reward. GLTA longs.
The next thing we may see, is a law firm looking to see i f any violations. Just waiting on the sidelines .
Good thing is the will have $325 million o working capital after addititional stock issue. just look at the institutional owner ship. They must have aLot of confidence in company.
You are probably right! Could go below $8. Down in the range of 50cents after hours.
Makes sense to me & evidently the MM as the stock is up 4 cents. IMO, a start of a big move up.
You may be right. SWIR is now a $34.67 stock with annual sales of $548,000 with a loss of .54 per share. IMO, if management of MIFI projected annual sales of $400,000, we should be a $20+ Stock.
We'd appear to be on track.