I honestly don't know how to even summarize it in a nutshell since there have been moving parts for a long time now. If you don't know what I'm talking about do some DD first. You can listen to the recent earnings call and the buyout of Avast. The recent acquisition of Avast now makes SMSI an oligopoly / monopoly with pretty much all the major carriers (although still waiting for t-mobile). This stock has been pretty much in the wait time phase with hints of gold mine phases and have yet to hit major institutional investors. When it does this will pop. In the short term (for however long that may be. 1 day, 1 week, few weeks?) we may not see much upside, but long this has tons of potential at a low risk.
Again anything can happen and I'm not an expert. I'm still very much a beginner with access to knowledge from the right people with proven track records that I trust so take it with a grain of salt and do your own DD. Price is already back up after hours to the $6.85 price offering. I honestly can't tell you if it will drop back down a little again, but it's a great buying opportunity IMO. If Monday it drops near $6.50 I may seriously double my position.