"Is the company a good long term hold or growth story?
>> I think so. But it may be safer taking any 30% profit off the table here and there. It's volatility has been such that anyone even slightly prudent uses tight stops. These keep getting whacked. I don't use them because I'm an idiot. But I think that is what is happening. Areas between 6 and 7 attract buying, but conviction falls apart completely above 10 cents.
That vicious cycle has to be broken. I hear "dilution, dilution, dilution!!!", but I never see any proof that that is what is going on. I see pairs of traders or MM's raking it in by taking 1 cent profits on millions of shares every day. Nice work if you can get it. That won't change until everyone HOLDS and stops inviting pillaging with transparent stop loss orders. If you have to use them, please, make them "all or none" or reserve orders that don't advertise how cheaply you can be bought out.
"Are there valuable patents and sales in the pipeline. "
It is said to be so.
"Is a trend reversal appearing? What may be the catalyst for the next 20+ mil volume day? "
It is my humble opinion this is the case. Catalysts: share price .065 today, and all the existing positives -- anticipation of contracts and increasing revenue trend. I expect another stab at .09-.10 soon, but I am not interested in all this "treading water" below 12 cents. I think we don't get traction until concrete news of contracts-related revenue and increasing confidence pulls shares above .25 again. That may not happen until next earnings release, assuming it is strongly positive. In the meantime, this seems to be the personal banana dispensing machine of a pair of 800 lb. Gorillas. $25,000/ week on 1 cents moves is a really nice income for gorillas.
