Perfectly Elastic Stock & Delayed PRs: I sent
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Posted On: 06/27/2024 6:07:23 AM
Perfectly Elastic Stock & Delayed PRs:
I sent a couple of emails to Mr. Campanella for some public information, which can be shared with an investor. However, there wasn’t much that he could share with me since there’s no SEC filing or PR for a long time. So, this is my own DD based on all public information available. A couple of investors contacted SNPW’s business partners and probably used inappropriate language, both of which are unorthodox and not expected in the business world. The business people work in a world of mutual respect, civility and professionalism. A call center or the IR department is the place for such inquiries. So, Mr. Campanella decided not to release any more information to avoid situations like this. If these investors in question don’t know what’s going on, then, they can’t interfere. However, this silence period is very long now and a ton of PRs are pending given the expected activities: Due SEC filings (10K & 10Q), 8Ks & a string of PRs.
When Mr. Campanella decides to release these documents, it’s likely that they will be released in short intervals since some are due already. It will be a shock and awe moment for SNPW’s price per share! I believe that some hedge funds always look for moments like this with their powerful algorithms and superfast computers. It’s likely that the stock price of SNPW will increase rapidly in a short period of time. The highest price of the day won’t last long as day traders & profit takers will be active. However, the stock price will close for the day at a reasonably high price compared to the pre-split price levels. The reverse split was terrifying for the old shareholders; however, it decreased the outstanding shares drastically, which makes it perfectly elastic given the volume. You’ve already seen the proof recently in several price movements (e.g., yesterday’s afternoon price movements on higher volumes). Hope this helps!
I sent a couple of emails to Mr. Campanella for some public information, which can be shared with an investor. However, there wasn’t much that he could share with me since there’s no SEC filing or PR for a long time. So, this is my own DD based on all public information available. A couple of investors contacted SNPW’s business partners and probably used inappropriate language, both of which are unorthodox and not expected in the business world. The business people work in a world of mutual respect, civility and professionalism. A call center or the IR department is the place for such inquiries. So, Mr. Campanella decided not to release any more information to avoid situations like this. If these investors in question don’t know what’s going on, then, they can’t interfere. However, this silence period is very long now and a ton of PRs are pending given the expected activities: Due SEC filings (10K & 10Q), 8Ks & a string of PRs.
When Mr. Campanella decides to release these documents, it’s likely that they will be released in short intervals since some are due already. It will be a shock and awe moment for SNPW’s price per share! I believe that some hedge funds always look for moments like this with their powerful algorithms and superfast computers. It’s likely that the stock price of SNPW will increase rapidly in a short period of time. The highest price of the day won’t last long as day traders & profit takers will be active. However, the stock price will close for the day at a reasonably high price compared to the pre-split price levels. The reverse split was terrifying for the old shareholders; however, it decreased the outstanding shares drastically, which makes it perfectly elastic given the volume. You’ve already seen the proof recently in several price movements (e.g., yesterday’s afternoon price movements on higher volumes). Hope this helps!
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(0)Sun Pacific Holding Corp. (SNPW) Stock Research Links
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