Total battleground setup on $Laser Photonics Corp.(LASE)$ right now. On one side, bears are hyper-focused on the short-term compliance risk following the Nasdaq deficiency notice for the delayed Q1 10-Q filing. On the other side, speculative longs are using that exact regulatory cloud and the tiny float to trap early short-sellers. With the upcoming June 26th virtual special shareholder meeting to finalize those warrant inducement agreements, management is clearly moving to secure operational cash and clean up the capital structure. Seeing $Advanced Micro Devices(AMD)$, $Space Exploration Technologies Corp(SPCX)$ $Tesla Motors(TSLA)$ $Invesco QQQ(QQQ)$ . Fading a parabolic runner with this much headline velocity is incredibly risky if technical support holds the $3.20 zone.
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great one