Ok, I'm scratching my head here, so I need those w
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Posted On: 09/27/2019 3:33:36 PM
Ok, I'm scratching my head here, so I need those who are far more knowledgeable with the stock market than I am, to give me a breakdown on their thoughts to what is going on here.
Monday, we have the shares 'officially' retired, we lose a huge chunk of the market cap and stay at 2.55, instead of market cap staying and share price going to 3.71. Ok, we know the OTC did not adjust like we thought would happen.
Then, the rest of the week, we see a steady decline in share price, with some interesting swings, while we see low volume.
Today, we see again, a drop in share price and a big swing currently from 2.34 - 2.55, again on low volume and this time, with some very positive news, which I would have thought would have risen the share price a bit, yet one more time, we dropped quite a bit.
We still have a long way till October 29th for the 1:1 and if this week is indicitive of what might be to come over the next 4 weeks, we might be looking at 2.00 a share again. and then what does that do to the 1:1 dividend price?
Am I missing something here? I know we are waiting to hear about the Nasdaq, but that's still up in the air as well right now. If that goes through, I would think we would get a bump, but again, when does that happen as well as we now hear the 10K report seems to be the hold up.
Monday, we have the shares 'officially' retired, we lose a huge chunk of the market cap and stay at 2.55, instead of market cap staying and share price going to 3.71. Ok, we know the OTC did not adjust like we thought would happen.
Then, the rest of the week, we see a steady decline in share price, with some interesting swings, while we see low volume.
Today, we see again, a drop in share price and a big swing currently from 2.34 - 2.55, again on low volume and this time, with some very positive news, which I would have thought would have risen the share price a bit, yet one more time, we dropped quite a bit.
We still have a long way till October 29th for the 1:1 and if this week is indicitive of what might be to come over the next 4 weeks, we might be looking at 2.00 a share again. and then what does that do to the 1:1 dividend price?
Am I missing something here? I know we are waiting to hear about the Nasdaq, but that's still up in the air as well right now. If that goes through, I would think we would get a bump, but again, when does that happen as well as we now hear the 10K report seems to be the hold up.
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