when a stocks market cap falls below 100 million i believe the stock becomes a bulliton board listing. now since pvct's market cap is well above that becomes a regular nasdaq listing. i can't believe last friday we were all rooting for a 3 handle and now 5 less than a week later is just plian great.
yesterday the stock hit a daily high of 2.80 and closed at 2.80 which usually signals a pullback and not ready to advance. however if we break 2.80 today the next leg up even without news could be significant.
seems to me that a 100 million severance is quite out of line. wasn't there a performance clause in the employmment contract, seems to me there should have been. yhoo stock is up nicely and its more of the market than the company's performance. yes they changed things a bit however revenues still lag. alibaba's on the table just might end the rise in the stock price.