Trying to determine its behavior is not going to help with this unpredictable stock
It's clear that this company is new and have a good paying account. That 3 month extension will boost the stock up again. That is also key to keep watch on. As of now this contract is paying 11 thousands a day. The first month of the contract paid less but now it's making that...
1. Recently acquired a new contract for 11k a day in revenue for 8 months
2. 50% of the O/S is locked
3. Restrictions on owning more than 14% of the O/S implemented by management to protect shareholders.
4. Low float 500,000 O/S 2.4 mil
5. Freshly brought on to the NASDAQ Feb 11th.
6. The huge pop from $4.89 to $18.99 on the 11th of March was more than...