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RFB

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Alias Born 07/07/2011

RFB

Re: GrahaMate post# 43448

Friday, 06/24/2016 11:16:01 AM

Friday, June 24, 2016 11:16:01 AM

Post# of 81999
I would not call it unbeatable, as the large blocks and high volume are just not there. This is currently in a hold pattern, plain and simple. There will be minor moves all around 3, but in the near term with no PROVEN drivers of value/revenue, it has no reason to move. Will an investor decide to buy or sell heavily and potentially spike/dive, absolutely as the volume is so low, but it will adjust and settle out to new support ceiling, close to current levels. This is a hold if you own, and a monitor if you are considering getting in.

My speculation:
Given the hiring, and extremely quiet nature of the company at the moment, I suspect they are putting financing in place. They will likely soon announce a private placement/dilution and some deal(s) that will back up the financing.

If they have nothing going on and are hiring with the expectation of ramping with nothing actually in the pipe, I would dump on the spot, if this ends up being the case.

Just my humble two cents

I do not endorse or condone any content outside my post which is an opinion, nothing more. Any/All links are IHUB spam.

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