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Alias Born | 12/14/2010 |
Thursday, November 06, 2014 8:27:55 AM
Remember, the faster it rises the faster it falls...I will take slow growth over volatile growth.
As for my guess as to what this news will do, not much. You will see some day traders dumping early so they can drive down the PPS, then take advantage and gobble up more cheap shares. This will continue until the Q3 hits, then we should see a modest 5-10 cent PPS growth followed by a new low bottom PPS of around 25 cents. That PPS will hold, of course fluctuating up and down with the day traders, until either the manufacturing partner is announced or the acquisition is finalized. Once either one happens you again will see a modest 5-10 cent PPS growth followed by a new new low PPS.
It took until Q2 after the Sunworks acquisition to see a big rise in the PPS. I suspect similar growth with this acquisition....most savvy investors will wait until there is actual earning reports to back up their DD rather than play the pump and dump game.
I hope everyone else is right, I pray this stock will take off like a rocket, but I just don't see it based on history.
GLTA
Please do not buy, sell, or hold any stock based solely upon my words. Do your own research!
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