After license is issued it will take retail volume
Post# of 56324
Posted On: 07/08/2014 9:09:37 PM
Re: Hldctravel #32410
After license is issued it will take retail volume to drive PPS. I believe the license is not likely to occur until September and MM's will continue selling off the large blocks insiders are providing. Those shares will be absorbed IMO prior to September and longs will likely hold for up-listing. Finalizing RXMB and getting audited financials takes time also. It is likely that bigger money will will start taking positions after these shares are absorbed and just prior to and after license is issued which will drive volume and in turn drive PPS IMO to .79 range
Note that the average volume is sufficient to have already established a base of retail buyers and public knowledge of FITX positioning is becoming better known on a daily basis.
After FITX has been licensed and a grow cycle or two has occurred retail buyers will start looking closer at market capitalization, etc which will then impact PPS.
Note that the average volume is sufficient to have already established a base of retail buyers and public knowledge of FITX positioning is becoming better known on a daily basis.
After FITX has been licensed and a grow cycle or two has occurred retail buyers will start looking closer at market capitalization, etc which will then impact PPS.
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