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Re: DriftinWayOfLife post# 27145

Thursday, 12/04/2014 6:12:39 PM

Thursday, December 04, 2014 6:12:39 PM

Post# of 81999
While I believe RFB's argument has merit, I am not nearly as pessimistic as he is. I do believe however that the stock will be trading below eight cents in the very near term, absense a contract announcement. Shareholders have had a history of being "event driven" whereby every announced event tends to drive up or firm the share price and when no blockbuster news is announced the share price tends to drop in the following weeks. We are in the midst of tax selling season and many shareholders are significantly under water. Some will exit because they have tired of waiting for news of contracts or revenue announcements. Some may also exit in the near term to capture the tax loss with the idea of buying back in January. It doesn't take a lot of sellers to move the stock price and the odds would seem to favor short term lower price points.
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