Xenonics Holdings Inc (XNNHQ)

[Value_Investor]

I think XNNHQ just needs about 6M shares of trading volume (assuming 5M shares from slapping and 1M shares from bid-whacking) in order to hit the Penny Land based on the shares structure, trading volume, and peak price comparison between XNNHQ and its Q-peer (RGDXQ)! The reason is: RGDXQ did hit $0.0074 in May with much higher OS/AS counts (39M/70M shares) and about 8.5M shares of trading volume which is corresponding to the Same market value of XNNHQ (26M/50M shares OS/AS) at $0.011 v.s. at mere $0.0025 now.

Anyway to match the Same MV of RGDXQ at its recent high $0.024, XNNHQ will create a New high $0.0354 which is 14.16 Times of today's closing price $0.0025!

Notice, both the 20-Day MAL and 50-Day MAL are raised significantly! They are almost on top of the past two and half year's high area!