talktome99
3 weeks ago
What you don't understand (because it is so different from most other stocks) is that the stock price is MEANINGLESS. Probably 95% or more of the stock is owned by insiders who are not selling or buying, which is why you never see any volume. The sales you see are smalltime investors who probably don't understand the company, and are trying to make a few dollars with their small trades. The ONLY THING that is important is the final deal, and then, and only then, does the stock price matter because it then reflects the company's value, which will be a hell of a lot more than it is now. That's when the stock will go up, but certainly not until then. The rumor is that the final deal is close. Whether that is true or not we will know soon enough.