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Good post Wadi. This is true. And we're now at a level below where most buyers were able to get in the first time. I would think a lot of people would load up in the 8s today since it's a cheaper price than there was available when this thing got discovered previously.
Ready to roll on this one again. The last week has been painful, but it looks like we've worked our way through it. This stock should not be trading below 20 cents. If we get some financials, we should be able to justify a much higher price.
Golden Cross! Get ready for this to take off.
Got some at .073 and holding tight.
That was quite a beating.
#14 - it's about time.
We should be in the top 15. Those people out there have no idea what they're missing out on.
Get ready to roll!
I'm looking for .20 today based on how it closed above .13 yesterday. However, the MMs do let it go through like that sometimes and then bring it back down for a much more difficult push through the resistance. Either way, I'm confident we'll break it again if that happens and travel much higher today.
I'm in at the .09 range. I want to see the latest quarter's revenue numbers to do a solid valuation on this thing. Those numbers may give me enough justification to hold some for $1. We'll see. I'm definitely holding out for a lot higher than where we're sitting right now.
The market doesn't yet comprehend the implications of that announcement. Yes, it's definitely worth another post.
I would sell some on a huge run-up, but I'm looking at this for long term gains as well.
Those who bought are holding. Float's going to dry up and this is going to skyrocket.
Possibilities are huge today. There's not much float left. Like you said, we pushed through the .13 resistance and that was done on very little volume.
It's expectation of sales and the very low market cap. AS seen on TV not only in the US but in Europe. New European laws outlawing inefficient bulbs. It wouldn't take much profit to justify a $15-$25M market cap with a good initial sales report. This is a good stock that hasn't been diluted to death.
Could be true, but the market cap is still peanuts. As soon as the company announces initial sales numbers, no one will care about how much it's already gone up. Right now, it looks like the MMs want to fill the gap.
Yes. It's stuck in the mud right now.
Must not be set up yet. This is ready to blow to a new high though.
We keep having higher lows. Nice trend continuing.
Significant, Good, Great, and Huge! Doesn't sound negative in any way.
Is it Good, Huge, or Great? I guess today's price action will answer that question. Hold on for a great, huge, or good ride. :)
Good News - Link
http://biz.yahoo.com/iw/100107/0574600.html?.v=1
This board is dead this morning. Wake up. MRNJ is going to be huge!
Let's break it this morning.
Might just have to sell ZVTK after it doubles and pump more into MRNJ. Gotta be happy if you own both of these today.
I don't think you're going to need a few weeks for that prediction to come true. I'll go with the sooner estimate you provided and state that I believe we'll see 20 cents this week.
You better pull the trigger fast. As I once said in an old movie, "If you're gonna shoot, shoot. Don't talk".
I think I agree with you. It's interesting that the O/S could double, but yet the PPS estimate increases. That just shows you how quickly this company is growing. I'm not sure I'm above $1 for the estimate yet, but once I see some numbers from the latest quarter I think I will be. I'm certainly at 5X the current market price in my estimate right now and growing.
This is going to be a good one.
Yup - I added more this morning on the drop. At this point, it looks like a very good decision.
We need BMAS to come in and buy up a bunch going into the close... :)
Made a lot on that one - and expect to make a load on this one as well.
I have my 900K shares.
I agree. It took off at the end of the day yesterday.
It's been a slow day, but it's not gonna last. This thing will fly soon.
So far so good
Don't know. A huge portion of the float traded yesterday. Today should be very interesting.
I really want to see revenue numbers so I can do an updated valuation. This is an incredible opportunity.
I assume mid-February for results, but I wouldn't be surprised if they announce a pre-release of revenue and statement on positive earnings. They'll probably want to jump on the momentum that's going right now.
Cashflow Positive Sam. You got it right. This thing is going to fly. Sales are growing incredibly fast and they're making money. $25 - $50M market cap is appropriate.