Thursday, December 29, 2016 7:53:12 PM
This is a good moment for me to reinforce your bullishness on the stock by repeating a portion of my reply-post addressed to CoachMarc on November 29, which I now copy into this post:
"I remember back to the end of 2014 when the stock was being buried by the victims of the spring-season pump and dump, and then on the afternoon of the 31st, the stock climbed by something like 75% as people jumped back in. The difference between now and two years ago is that the company now has some really decent fundamentals (growing sales, a first quarter profit, declining toxic debt, increasing international presence, more experience in Kyle in particular)."
So I honestly wouldn't be surprised to see the stock soar tomorrow, and I'd toss in some of the technical analytical work provided recently to this board as one more factor running in the favor of a positive breakout.
Meanwhile, I should kid you ever so gently about your being willing to hit the ask, as at the moment I'm typing this post the ask (which frequently does some crazy things during the off-hours) is sitting at 2 cents.
More seriously, my trepidation as regards the stock won't kick in until the stock hits an intraday high of nearly 5 cents, as I can see a lot of the folks here trying to head for the exits all at the same time when the stock is bumping up against a multi-year high.
...and even if there is no leap in the stock price tomorrow, I would believe that the second fiscal quarter earnings release in mid-February will do good things for the stock if sales come in even as low as $2.4 million (given that the company said that its seasonality of sales has a low point in the quarter just about to end) and the bottom line for the quarter itself is around break-even.
Decatsmeow, I look forward to seeing your SEC filing if/when your ownership of the company crosses the 5% threshold. Until then, happy new year to you and to the rest of the gang here!
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