Would I be wrong to assume some of the upwards pressure is due to a stated fiscally conservative statement to go along with the cash infusion?
I don't think this has anything to do with the tax refund. I just don't think the news was big enough, and it wasn't unanticipated.
The stock price closed even last Thursday and by Friday it started to move upwards, and has been rising steadily ever since. We went from .135 on Thursday to .195 today.
I assume it has to do with the work plan for SC for 2015 because there is nothing else we know about that is about to be released. I don't really understand why that work plan is generating excitement to this degree either but maybe we'll see when it is released.
The tax refund is great and maybe we don't have to talk about dilution for the rest of the year, but it isn't that much money that people might think they need to jump on this stock. I actually don't think real investors were concerned very much with dilution anyway because we always knew the money was coming, and they had already said they were going to be frugal.
I didn't know many people that saw a big risk of dilution. I think that was just some fear-mongering from the same sorts of people who didn't even know that a tax refund existed or how the plan worked.