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You seem pretty confident that PRs are coming. We are overdue. I've held onto a relatively small position just in case this one does a breakout toward pennies.
What sort of news is anticipated? Took a small position here.
I will consider it a VERY good sign if the price goes up during the last hour of a Friday afternoon!
I don't have as big a holding as most here, but in at .0014 and keeping my fingers crossed for multi-pennies! It can happen!
What do you anticipate? Is a penny or two possible?
Very true. The potential for a run-up is definitely present, but it's going to take news to bring in buyers. Otherwise, as you say, we will just sit here.
I like the looks of that after-hours ask sitting at .0195. It doesn't mean anything, but who knows, perhaps it's a good omen.
Okay, gone already. Still a nice look, though.
I get the feeling if .25 is broken in any definitive way that this stock could move up rapidly.
My question about .01+ might just be getting answered here in a very concrete way, and I also thank the poster who responded. I bought in at .0038 and think I might have to hold those shares for a while.
Looking for opinions here. Provided approval comes through the way some here are anticipating, can this stock trade above .01 again? Thanks in advance.
Correction to previous post: .012-.014. I left out the zeros.
This was in the teens for a couple of months before last weeks pump and collapse. I am keeping an eye on it in this current range for a bounce play. Right now, it's barely above its 52-week low. I've also noticed during these last two low-volume trading days that ANY kind of volume at the ask moves it immediately. A decent news release, and we're probably back to at least the .12 to .14 range.
Just my opinion here, but VIDA should bounce a little from current levels. There was an over-reaction sell-off into the news. We might ease back up a few pennies from where it closed Thursday.
I'm also glad to hear that you've spoken with the company. That lack of communication issue was my main point of concern yesterday. That has been a BIG red flag for me on previous stocks. I'd still like to see them communicate. It's just a basic part of doing business.
Yeah, this is starting to smell bad. I keep thinking I will hold my shares and see what the next PR looks like, but that tactic is starting to look shaky. This one showed a lot of promise, but we are reaching the point where they've got to show us something.
Agree 100 percent. News - real news - is the only hope at this point. I thought we would see something by now. This stock will continue its gradual slide without news.
As I live and breathe - a green Friday! How long has it been since that happened? This cannot be a bad omen.
That would be nice. What is your source for this information?
Just more swing traders jumping out and moving on. Until REVO shows the market that it's not a double-zero stock, we cannot even begin to approach .01. It's going to take news - real news - to take this stock to another level. I believe it is coming, and I am holding, but I've come to expect the inevitable backward slide that follows any little upward move. Flippers completely own this stock until longs get the release we need.
I would have been shocked if swing traders hadn't taken their profits from the 3s and moved on. This will be three steps forward two steps back until news blasts us out of double zeros.
A great day so far. Let's see if buying pressure will be enough to offset the short-term profit taking.
We just need that one catalyst. I get the feeling it is close.
I agree, but boy, oh boy, do we need news. I know it's coming, but sooner would be better than later.
JohnMoney,
Is this Vodafone business genuine or an error of some sort, as I've see stated by other posters? There seems to be some confusion.
Okay, here we go with more of those strategic micro-dumps at the bid designed to suppress the share price. This has been going on for months!
Yes, indeed. This might be just the nudge we've been needing.
We just got recommended by someone with a lot of subscribers - someone who knows what he's talking about.
There have been lots of small dumps at the bid for weeks now, with the dumper often waiting until the bid drops a notch or two. The only reason for action like that is to hold the share price within a certain range.
With the obvious suppression of the share price that is going on in this range, I have a funny feeling that when this one breaks out, it will break out very big.
That's perfectly fine, sir. We all hold for our own reasons and we all sell for our own reasons. I wish you all the best.
In looking at some of the dialogue today, I just want to express an opinion. This is a "buy and hold" stock. I bought it - higher than where we are right now, I admit - with the idea that big news is coming. I believe you might have to give this one a good four to six months to start to develop into the play some are touting. I don't have starry-eyed notions about how high it can go, but several pennies can be done.
Where does that sit at the present time?
The type of action we are seeing today is inevitable. People who bought higher on the recent news uptick are jumping out to cut short-term losses and move on. That news was encouraging in that it showed the company is working behind the scenes, but it was not nearly substantial enough to move the stock out of double zeros. I believe meatier news is coming, and I still believe .05 is doable, but it will not happen overnight.
That kind of price is conceivable, but it would take a long string of significant successes to achieve. However, I believe .05 could happen sometime within the next six months or so.
Excellent post. Fundamentals will eventually rule the day here.
Yes, without news to precipitate volume, there is no way this stock can ever escape double zeros. I believe the news is coming and I am holding patiently, but that is definitely what it's going to take.
I would love to see us finally clear the 7s. That has been quite the obstacle lately.
The key here is potential. This, to me, is the tip of the tip of the iceberg. This news confirms to me that I don't need to be concerned about what the share price is doing on any given day or at any given hour. This stock can definitely hit a nickel or better within a matter of months.
Hopefully we hold in the 5s. It just depends on how many are trading the stock short term.
Traders who bought in the 3s are protecting their profits. If I were playing the stock that way, that's exactly what I'd be doing. Without news to continue driving the upward trend, this was going to happen.