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Re: shazamm post# 570

Sunday, 07/27/2014 3:04:11 PM

Sunday, July 27, 2014 3:04:11 PM

Post# of 1752
Yes, buying pressure has increased, more ASK hits, that's why the chart has turned up over the last week. I think the people coming in are feeling a PR coming soon for a nice move up or even just a natural uptrend after the updates on Facebook about financing. News here is overdue. A PR, even with a neutral update, would get us on the radar again and I think we would move up on fundamentals alone. Good news may give us that run we have been waiting for. My main target is the book value, .10-.12, which in URHG's case, is backed up by Pics/Videos and not just a piece of paper so I think it is more easily achievable in our case. Some better news and the base will be .10-.12 and we see .15+.
This is a seasonal low in OTC market volume, it's been very low lately. It starts picking back up in mid Sept. and into Oct. historically. It has been a telling sign that we have been moving up lately in this crappy market. Worst case scenario we may stay in the .03.-04 trading range while market volume is so low. Best case scenario we get a PR soon and get a nice run past .10. Most likely for next week it keeps moving up on anticipation of financing.