Hey there! I actually looked up the previous question you had asked in which I stated that $4.25 was an extreme lowball for your shares. Good thing you held on to them!
The company has been materially impacted by the pandemic, no question. So, I think some of this recovery is just based on the inevitable reopening of a bunch of its restaurants.
Shareholders equity is collapsing as the company continues to bleed money. This is definitely not a financial improvement, more so momentum based on a potential one.
There seems to be light at the end of the tunnel, but this is a fund that is likely going to take years to recover. There seems to be some management drama as well as I sift through reports.
It looks like the company is expected to start paying royalties again soon, which could drive further price momentum upwards.
This is a tricky situation. If it were me personally, I wouldn't be selling my shares right now. But, I'd be keeping a very close eye on the company.