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I'm thinking .023. It does look primed for a bounce.
You mean that's not big?! That's my life's savings!!!
Cup & Handle needs an upward trend going into the left side of the cup. If anything, this would indicate we're going down from here (the opposite).
Bsav,
What was your gut when talking to Scheer? Is he competent? Forthright? Just in it for himself?
I'm still thinking a slow drift down to low .02s, to shake out the final weak hands. Then we finally start a real rally.
I've seen something like this before - same case with dilution and general business concerns.
History may not repeat itself, but it rhymes.
I hope I'm wrong, but if we close tomorrow around .03 again, then we heading back to the low .02s.
But ... I would say we start ramping up again once we hit those lows, and FINALLY (and I mean for-the love-of-all-that-is-good-and-holy FINALLY) we head up into the .10s.
Well, I really think we need a strong day tomorrow for a run to continue for the next couple of weeks. If the week doesn't end on a high note, then we'll flounder again, and have to wait until the quarterly report in May.
You mean your investment account?
The CERPant AWAKENS!
Holy shizballs, .0398 BID!!!
Just that high volume can draw out all of the buyers and sellers at once, which leads to a stagnant sideways action as no-one new goes in or out. This would suck.
maybe too high volume? the high volume in Jan./early-Feb. lead to the very boring late-February and March.
That's my target - .12/.125
CERP is back to #2 in the most read board list.
RIIISE CERPant, RIIIIISE!!!!!
.021 x .0228?! Not a real enthusiastic reaction to the cc.
Scheer just sounds more confident. He's got his balls back. :)
JP Morgan rep on the phone
C'mon people, ask questions!
No plans for R/S!!! "Keep all options open. This is the last option."
Not considering bankruptcy.
Indiana plant not idle EOM
Receiving 2 payments this month from India clients EOM
1 million revenue in first quarter!
First quarter surpassed all of 2012. 900K+
Morals aside, bid is ticking up. A green close for the week might bring some nice momo into next week.
Best just to ignore the forecasts. My only question is what could make this thing go down further at this point?
Anyone notice that yesterday's candle was an upside down hammer, and with today being green, it just might confirm a reversal?
I was talking pre-ma50 crash, when exuberance was clearly out of line.
And people keep going back-and-forth whether this is a true penny or not. I'm not sure what to classify it as at this point.
If they're selling what they're making, then yes, the roof will be raised. Just trying to stay level-headed, there's been much too much exuberance on this one.
real expectations sound better to me. .025 may be the real value for this thing. .03 as a top may not be too far off. Although, my gut tells me .045 - .05 is more likely.
They say, they haven't shown. And 2012 had 600K rev's. So how about an average of the two - 10 mill?
20 mil in revenues is a tad optimistic, imo. They could only pull 800K in Dec - Feb. Try that with 2-4 mill. in rev's and you making a safer bet.
I'm a little worried expectations are too high. This roof may only be at .03.
We've officially broken the downtrend that's been dogging us for the past couple of months. And with that, we've officially set a longer-term uptrend. What progress it makes upward is yet to be seen, but the stage has set for upward movement for some time to come.
https://docs.google.com/file/d/0B3LTPQQarKfzUkJoejdGV2R6Sms/edit?usp=sharing
Do you really think this R/S will happen soon?
A 50/1 split at .02 just puts them at $1. That won't keep them on the NAZ.
.04? That's $2. That might put them on the NAZ, but won't attract any more institutional investors.
Needs to be .11 at least, at $5.50 (with a buffer above $5) to mean anything.
Moral of the story, don't wait post-R/S, wait until pre-R/S. That's a 500% gain from here.
That's when the R/S happens. One of the members on this board claims to have spoken with Scheer directly, and reported him saying the R/S may not happen until next year.
This makes sense, as an R/S anywhere below .11 won't get them above the $5 that gets them the institutional investors they're running after. Which is also telling that we may not see .10+ for quite some time.
We should see a run start once the financials come out. I think .07-.09 is the best we can expect short term.
Still a "monster" run by most standards. I'll take it.
But if we all know this, wouldn't this monster rev report be priced in too?
It's made of PEO-PLE! CERP is made of PEEEEEEOPLLLLLLLLLE!