**GURE is a micro-cap with a 1.36M float that loves to run.**
Current action could reflect the recent deal to sell its Yuxin Chemical unit for \~$3M which the company explicitly framed as **a resolution of financial burdens and a refocus on more profitable segments.**
It could be setting up for **a restructure relief pop**. With only \~1.36M publicly tradable shares and low volume, **even a bland PR could an create outsized move.**
In addition to the steps they’re taking toward restructuring/refocusing, they also **recently disclosed that they met the bid-price requirement** and have asked NASDAQ to cancel the previously scheduled hearing. With “delist anxiety” having been priced-in for a while now, formal acknowledgement (a PR) could spark the surge of optimism needed to push this uptrend over the top.
Keep an eye on this one and **look for a continued volume expansion** preceding a headline.
Most likely PR IMO would be anything to the effect of “The Yuxin sale is complete” or a formal disclosure that SEC have taken them off the naughty list.
The breakout could be brief. It’s **not one to chase once volume pours in** so I’ve added while
it’s relatively calm. I currently hold a half position and **will add on a breakout/news release.**
**Potential easily exceeds $6. It could see $8. Invalidation if we lose $4.**