Friday, July 17, 2015 1:46:34 AM
Now, the mountain is building under this share price at 1.00, technicals looking good. After the 1 for 10 reverse split, the share price should hit $10. This is the minimum price to attract institutional buyers. The amazing thing about this ambitious plan is that VIVMF is poised to pull it off.
I never would have believed that my loss from PLCSF bankruptcy is about to come back. Patience my friends. Still a lot of risk left, but Viveve may get on the investors' map. With millions of shares tied up, it will be easy to keep the price at 1.00 plus. The trick is to watch if insiders start to bale after the annual meeting. This is why they have to attract institutional buyers to take up the shares after the split.
Calm waters until the split. Then, turbulence ahead with upward bias. Followed by results of sham-proof study early next year. If results are as good as expected and sales begin to accelerate, we will see big gains.
Even if I get back half of my losses, I will celebrate.
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