The virtual pipeline news allows for a new revenue stream. The announcement only told of new product development, nothing about there being a buyer of the product.
At the beginning of 2015 shares trade at $2 roughly. End of September, $1 which reveled a drastic drop in the share price. That came at a time when tax loss selling surely would have been on anyone's mind; anyone reasonable anyway. Tax loss selling chopped another 20% off the $1 share price.
Today both longs and shorts learned that in less than 2 months of releasing a new product, there is demand. Not saying whether I'm long or thinking of buying. I am saying I wouldn't want to be short here going into 2017.
Will there be someone offering a puerile remark?