Your point is one that I have repeatedly exclaimed:
Buy the rumor.
Holy cow! I saw settlement rumors with great traction (reasonably so) which suggested a settlement in the 10Q in the 20-30 million dollar range, and I saw less traction missives which suggested 100's of millions and billions of dollars in settlements.
Each of these rumors were bought into and, subsequently sold into once the rumors were squashed.
Here's what's not a rumor, and should be bought into:
Q1, 2016 will be the first profitable quarter in the history of SFOR.
Buy into this rumor.
Ahead of the Q1 10k, take your profits.
If you think $0.0001-$0.00042 was a profitable trade, wait til you get a load of the rumors that will fly around this joint between now and the 2016 Q1.
I bought more today...and I got lucky twice on my buys...
Personally...I expect this stock to dip deeper...and I hope it does. I've been trading for a long time. I mostly just flip any penny stocks I stumble across and I generally don't like their management.
SFOR?
Sure! I'll flip them, but I'm also accumulating a big base.
Why?
Because their management team, their patents, their contracts, and their proven settlements are just a few things that separate this penny stock from 99% of the rest which are ran by frauds, played with like schemes, and smell rotten as soon as you look at their press releases which are never backed up by their SEC filings.
SOFR?
PROVEN EXECUTIVES ! These guys aren't the guys who want their last hoorah to be associated with a penny Ponzi scam and end up next to Bernie Madoff (I'm quite sure Mr. Kay has personally met Mr. Madoff and I doubt he wants to end up like him)
PROVEN PATENTS! Look... I can sue MSFT all day long, and lose twice as longer...these guys, even if it were for a few million...won.
SIGNED CONTRACT WORTH $9 MILLION BUCKS: Someone is on the hook for $9 million by 2020 and I know 99 other penny stocks that could only hope for fractions of $9 million over the next four years.
Bottom line:
Yes! The stock tanked today.. It's been tanking since it hit a high of $0.0042.
But it's my personal belief that traders and longs alike haven't seen nuthin yet.
AI
