Wednesday, February 17, 2016 8:37:38 PM
#1 on the breakout boards, lots of eyes will be on this one.
Today was day one of a key technical reversal confirmation on huge volume.
Stock was trading with a ridiculously low market cap. Using Nov 16, 2015 O/S the market cap is only $254K. Even if the O/S has doubled since then (which is unlikely, I'll call the TA tomorrow) that would still put the cap at only half a million.
The 200DMA is over $0.36. This is wildly undervalued here.
Appointing former senior vice president of marketing at L'Oreal to its advisory board is a big deal. This should help sales going forward.
With such a tiny market cap, any good news will push this stock to the moon with speculation
I look forward to news in the coming days
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