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Wednesday, July 26, 2017 3:25:57 PM
Again Dig, all due respect.
In my admittedly limited experience, Ludlow is a really bad way to judge value on a stock. Seems to me they base their reports more heavily on how the stocks volume is moving than any other fundamentals and people buying and selling now are moving exclusively on ZERO product production, P&L volume. They're Guessing.
I'm encouraged to see the report as good news is always better than bad news but frankly I think it's way too early to be predicting increases in value without a product or service line.
I'd have had more faith in the report if it premised the increase with attached product production assumptions rather than simple stock values.
[IMO] Any change in price now would be temporary and at best, benefit only those that sell short and wait for the ultimate drop back to the realistic 0.003 level to buy back in again until the product line resolves and the company can be more realistically judged by production and P&L assumptions.
If it raises to $0.02... Why would it stay there now???
Bottom line is this company is now and will continue to operate in a loss condition regardless of cash infusions, stock purchases or price increases, until they have something to generate profits.
That makes it a HUUUGGGE risk for any steady pricing.
[IMO]
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