I did the math in a hurry, still 15 mil is not much. Isn't that the investors equity in the balance sheet ?
Type: Posts; User: Siriusowner
I did the math in a hurry, still 15 mil is not much. Isn't that the investors equity in the balance sheet ?
The other thing I can think of is that a near term reversal may be at hand BUT volume needs to be confirmed. If the stock continues trading at these levels next week then this may indicate a bottom.
A change in volume with no news is suspicious.
Maybe insider activity ? 100 million shares at .15 are worth "only" 1.5 million. For guys like the CEO this is pocket change...