Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Free
Message: Games

First off I would like to say that I too am disappointed that we haven't been given any blockbuster news since the Nas listing. I was expecting it, but know I have to wait longer. We know they are working with a number of companies and at some point, those will be made public. I have no doubt there. I am in "when" not "if" camp that Baba referred to. 

Having said all of that, games are currently being played because they can. I suspect it is small shareholders that are selling a few shares here and there because of these games. If you look at the L2, you will notice a wall of roughly 27,000 shares at $8.28. Do you think who ever put it there wants to sell it? I'd have to say "no"! If you wanted to sell 27,000 shares you would obviously want to get as much for them as you could. Therefore, you would sell bit by bit into the bid. You wouldn't put a large amount on the ask with no news out there because all that would do is scare people into selling, which is what is currently happening. Therefore, it was put there to drop the share price so that this person or people can scoop up shares from the weak hands period!

As I stated initially, I am not happy with the fact that there has been silence, but I am still not worried about the longer term. I will not sell a single share and I know there are others that feel the same, until we are many multiples of where we are now. 

Much brighter days are ahead if you can once again stomach the slow times. Hang in there folks.

 

S

Share
New Message
Please login to post a reply