Q1 - So this one is most likely going to drop before it moves further up?
A1 - Maybe. History shows that to be the case, but history also shows some colossal collapses...
Q2 - Is there a good way to feel out how much it will drop?
A2 - You can look at charts or maybe someone has an algorithm they want to share with you :)
Q3 - What may be a better option to be buying right now?
A3 - Go to the nearest casino and put your money on black (or red if that is your preference).
Seriously, you should not get advice from a message board and you should not invest in any OTC stocks with money you cannot afford to lose.
Anybody who bought this stock today has the opinion that the share price will rise and anyone who has shorted the stock today has the opinion (or ability to drive the price down) that the price will drop.
Today was a really good step for the company, but read the whole 10-K (specifically Item 1A Risk Factors). This company has a massive Net Loss. If you are looking for a "safe" investment, look elsewhere. Read how Warren Buffet invests (invest in companies with positive ROE, not allot of debt, good profit margins, etc.) and look for a company that fits the criteria but is currently trading at a discount (good fundamentals, but trading lower than they should be).
AI
