Volume Precedes Price
The friday before the DLA contract was announced, Sep 19th, volume for the day was about 20 million shares. The 2 months leading up to it the highest volume was just over 10 million shares with what seems to be about 5-8 million on average a day.
The DLA contract was then announced on the next Tuesday.
Today the volume is 30m. 10 million higher than the previous 3 days and quite a bit higher than the 7/90 day averages (14m and 7m).
On top of that they've had 2 offerings this week alone. Personally, I have never seen a stock have an offering and go up (If anyone has any examples, I'd love to look into them). Yet we blew right through the offering prices and are currently green on a day the market is blood red.
If you watched the investors presentation (If you haven't and you own shares, go do it now!. Also shoutout to u/Pieceman11 hes been providing the sub with some great info!) They said they expect it to be $10 by the end of the month, which I now think might be a tad conservative, but more so seems like they have something big lined up. I don't believe its the grant as that doesn't feel like something that would affect the SP that much after the $245million contract was announced.
This is just an uneducated guess, but I think we see some big news this next week. Something bigger than the grant being awarded. My thought is either a government stake or some type of acquisition. Thoughts?
Posted Oct 10, 2025, 7:29 PM UTC