Today drop in share price had nothing to do with the news release. In fact the news release was awesome news, just shows us this company is headed in the right direction. The markets tanked during the day today, and investors in all stocks panicked and sold all their holdings in everything as they went to cash.
The way the stock bounced back up after absorbing all the weak handed shares bodes well for tomorrow. I stand by my prediction the next round of financing will be in the dollar range. I for one have not sold one share and don't expect to sell any for under a dollar.
I certainly don't blame anyone for taking profits after this latest share price run up. In market conditions we have endured this week often the baby gets thrown out with the bath water. The ones that sold today will undoubtly have to pay higher prices,if they want to get back in.
Al