Jul. 3 at 2:54 PM
@sicky203 - I'll see your
$BTM and raise you one
$LFWD . Notice the price recovery after their RS on February 24th. I don't agree with @Dirtymartini66 either because there's no trend of share price decrease after a split. There are plenty of examples of share price recovery and growth post RS to counter any claims otherwise.
If
$ALP cannot get past this selling pressure, they may have no alternative. I agree with @Kaynoshi in that a catalyst would go a long way but that remains to be seen. There's no guarantee that the Federal government contractor designation is coming, nor is there any guarantee that Sweden comes online this quarter. I hope so but who knows if it will happen.
BTW, what exactly came from Confidential Compute Summit that took place June 23-24? There hasn't been one PR generated from that and not one news article that I can find. This is a nanocap stock and being skeptical is prudent. A RS wouldn't surprise me and it wouldn't worry me either.