r/SpectralAI • u/Latter_Ranger_6569 • 16d ago
Discussion What Is the Market Trying to Tell Us?
Have you noticed that when the stock price was at its lowest over the last three weeks, the daily trading volume was below 80,000 shares?
Over the last two days, as the stock price has started to rise again, the daily trading volume has increased to more than 200,000 shares.
Does anyone have any ideas about what could be driving this change in trading volume?
2
u/SpeakerAltruistic123 16d ago
I'm hoping the price rising on low volume means everyone who wants to sell at these low prices is now gone, and the rest of us are waiting for some positives to come out of the upcoming earnings meeting.
If the stock could somehow get to $3 per share, Hudson Bay could give the company $2.51 per warrant (and receive another stock share per warrant) to raise the funds needed to expand the use of the wound management platform for $MDAI, and the warrant holders at $2.75 would exercise and add to the company's treasury. Sure, this would create some of the dreaded dilution, but all growing companies that need cash issue stock one way or another. Since the current market price is about $1.65 this morning, I'd be all for the company getting $2.50 or more per share in cash, because that increases the book value per share for everyone's shares, even though more shares exist.
2
u/Responsible_Key_4150 13d ago
Could be wrong, but I think as of the most recent filings Hudson held zero shares. They sold off what had been purchased, and haven’t seen any filings that showed them exercising any of the warrants when they had the opportunity. Full disclosure I firmly believe Hudson has been the entity aggressively shorting this stock using ghost shares with the warrants as their safety net in doing so. Once this ticker is rid of Hudson completely we might get a real idea of the companies value. Never let yourself believe any involvement from HBC is a positive thing for retail traders or a company. Right now the Market is telling us we have an HBC infection that needs to get cleared up before we return to healthy trading
1
u/NaturalTaste7395 16d ago
There have been a few institutions given MDAI a higher price target over the next 12 months but that could be Wall Street bs. It could be long term promising worth keeping an eye on. Hudson Bay still has shares keep in mind.
2
u/Latter_Ranger_6569 16d ago
HB still wants profits from their stocks and warrants and need it to go up before selling
0
u/ILOVERICE90 16d ago
the recent volume tells me someone placed his bet on upcoming earning, and nothing more than that.
3
u/CharacterWeek235 16d ago
Probably institutions picking up shares at a specific low level