Jan. 27, 2021
This is a 50 million shelve INSTITUTE OFFERING. Not public. Only for the big boys. They put in 50 million and get the shares at a 1,70 fixed price.
This means some big investors are in now. This is VERRY GOOD news for the stock. They raise capital and also the big boys don't like to lose money. When they are in for 50 million at 1,70 avg you can expect that the price will be hovering around that at the start. Prob between 1,70 and 2 bucks. But this will increase sharp after the bell.
I expect the price end today around 2,50-2,80 and Friday this can double again, when shorts need to cover there position.
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