Come to think of it August would be better than July. if the site is approved we would be better if reqular trading is resumed. Chances that the financials are filed by August is better than by July and we may be better off to have regular trading if we have major positive news.
If your numbers are up to date although less than what I would have guessed still confirms the thinly traded stock, also we must keep in mind the very low average daily volume.
You are preaching to the quire. I have been in the stock for more than 10 years and as long as the fundamentals stay strong plan to stay with it for a long time. Have been #$%$ micro cap investing for decades, my post was purely about an observation.
IMHO, the price of this stock is being managed (manipulated) in a big way, we can always think about doom and gloom scenarios but having so few shares outstanding with even smaller float this gives the "operators" room for all kinds of maneuvers. (IMHO, long SILC, do your own DD).
You are correct but with the market makers that we are dealing with currently, it might be tough to buy/sell large quantities. I think they put the 200 shares out to show that the stock can be traded.
I assume you meant resumption of regular trading (since the stock is already trading). The company needs to file the financials for the past 2-3 years. Depending on how quickly they can get it done, that's when regular trading can resume. It is so unfortunate that we don't have regular trading these days when we do have some good news. If the site approval is granted it won't be surprising to see the stock jump 30 to 50 cents with a spread between ask and bid just as large.
No cno...., it was not a religious thing, it was the fact that you talk publicly about your fantasies!!! Next time I will not be so polite! What are you, 16 year old???
Thanks. Yes, no bid and ask shows in any of the systems I use. This is so unfortunate that we don't have normal trading in the stock when news are getting so good.
While anything is possible in the market although I am long the stock and believe it has high potential but I think your prediction for short term may be a bit too optimistic, we'll see.
The $10 bill is not worth $4, is being priced at $4, don't confuse value with price.
As I understand it until the company files the financials for the last 2-3 years we will stay where we are for trading. It is very unfortunate that we don't have normal trading when we are have positive developments. Hopefully it will not take a long time for the company to file, financials for a company that has no sales, inventory, etc. should not be as complex.