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Sunday, April 13, 2014 1:31:59 AM
For me, that's a mild assessment. My logic behind this is:
1st , just honestly speaking without bashing any ticker,
(so I won't name any specifically), If I were just the average Joe, (not saying I am not), I'd say to myself, I see so many companies, with absolutely 0 revs, neg cash flow, massive debt, empty or partially filled promises, the list of cons go on. Some of these companies are trading at over $1, $2, $5+ , and one may think to themselves, (me anyway) , why are these companies , with the #'s they have, trading so high? I'd just figure, we've at least got to get there.
However, my main logic behind my thinking is, charts, and overall #'s. They just seem to get better and better. I can be a risky trader sometimes to try and make beer money, but when I'm INVESTING, I like to do as much DD as I can do, hours, days even. When you currently have assets over 3x's your market value, that's a recipe for success. That was just the recent filings. A little over a week ago, Frank, in layman terms said shortly his #'s will produce a market cap at or above $50 Mil. :) and possibly put pps at about .07-.10 .
IMO , we will probably hit those #'s when the audited fins. come out, or before. Audited Fins. expected early July. I am only assuming that with the audited fins. , will come some of the best news we've heard to date. Been in since the early .00XX , just cant remain silent anymore, she's a great find. I'm long.
If I had it my way, it would be all longs, but it's my understanding that is not my world, I just live in it, lol.
GL
All my opinions are just that, opinions.
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