Gestern Kontakt zum J. Wong gehabt... hilft uns erstmal nicht wirklich weiter... für mich persönlich eine Long Position da es ein Riesen Markt ist und in Europa geht es jetzt auch voran...
Hello Daniel,
Understandably, there is pressure on the stock. Market fluctuations do occur around earning releases. Sometimes funds use the earning release as a moment in time to exit. The other possibility could be the posting of the S-1 form “Registration statement for face-amount certificate companies” linked here that was filed on May 10th. The company is engaging in a common stock offering and a reverse stock split subject to approval at the annual meeting of stockholders. The information in the S-1 is not complete and may be changed at a future date. Please keep that in mind when reviewing the S-1 document. Certainly the price is trending downward, but the volume remains consistent: 260k over 173k average. So perhaps it’s only 1 seller.
Warm regards,
Jason |