You are our chart man here. I am no chart man, but I watch the day to day ticker and guess what? It looks to me same as you see in the charts.
All seasoned investors here know that stock usually plunge and keep falling dismally in the days before the rise. Long ago I noticed this, I've had penny stocks at .20 and day after day, without any news or discernible reason I'd watch them fall to heart breaking and breath taking depths. Finally that would stop and the stock would sit, seemingly for ages at the new bottom, fellow investors would be screaming and crying, weeping and gnashing their teeth. Then, just as suddenly the stock would start climbing and day after day it would go up faster and faster, lots of people sold out as the share price crossed into profits. This would happen because the stock wouldn't just go straight up, but it would do these little dances and small dips before climbing again. My nerve only held to 10 dollars per share (nice profit for a .20 stock eh?) but in the end the stock went to 20/share, who could have figured that out? But that rise was due to short sellers covering and late comers holding, having brought on momentum in the teens and therefore needing higher prices to profit.
Well, as I see it, it isn't often you can find a stock in a company with assets of more than 600/share, is profitable with no debt and in a young industry to boot. Just on those 4 metrics this stock is a buy and a hold. Because it is extremely rare that you will find a company with metrics like the ones I have cited. So, in my estimation the money is there, all we have to do is wait for it to arrive.
