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Re: None

Thursday, 06/22/2017 1:06:32 PM

Thursday, June 22, 2017 1:06:32 PM

Post# of 44452
Still long and strong on SVTE. It went a tick lower than I expected, but that's just the technical trading. The fundamentals here aren't bad for subpenny.

I see no problem with the # of authorized shares not outstanding. The company doesn't seem in a hurry to use them. It's really a matter of how they use them. This company has asset value few OTC traded companies can claim.

This is one where the technical trading is a nuisance, but the valuation looks like pennies per share to me, not fractions of pennies. Financials due out within a couple of weeks. I still think buyers will be taking up long positions ahead of the report.