Jul. 10 at 6:55 PM
$FGEN
Volume of stock trading today is incredible… 220,000 shares pre-RS would have been 6 (six)-Million Shares pre-split, which never occurred daily back then.
Or, look at it this way… more than 6% of the TOTAL company’s stock has traded today while the stock moves upwards 25%….
Market-cap increased 50% in one week…
$20-million to
$30-million… and mathematically even
$30-million market-cap is too low…
Some investors thought… “wait a minute, is this correct, if they liquidated we would get more than
$20-Million in market-cap payout… okay, I’ll buy”…