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Re: UP Trend post# 103

Monday, 11/28/2016 9:14:37 AM

Monday, November 28, 2016 9:14:37 AM

Post# of 2812
You've got a low float and low O/S AROUND 18 million ... Earnings were good and showing improvement/revenue over 1 million a month.

R/S fears possibly over done in this case,if they do a R/S ... Say 1:10 the O/S would go to 1.8 million LOL! Price currently to 2.80ish ... Plus they say cash flow positive in 2nd have of 2017 So if you start putting the pieces together I suspect it was just undervalued,but not certain where that value lies ... over a dollar isn't impossible here due to above factors.Oh yes and as mentioned probably some short covering added in.

We all know many stocks who aren't cash flow positive and have a huge O/S that are trading higher.We'll see what happens ... kind of curious.

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