Monday, October 21, 2019 9:19:24 PM
I’ll give you your first win on this. I found one!!! I found one!!! Well at least part of it is a win.
By Hopester.
“EichKing- Perfect analysis . Couldn't agree with you more. This stock is ready to move to $1.00-$1.10 area just based on technical analysis and indicators.
When so-called good news is released and the stock gets dumped, the writing is on the wall.
Buyouts, external funding, paid for articles and the like won't turn it around.
I'll say this, if you own it, hold it but now is not the time to buy it. It has and will go lower IMO”
This was what EichKing had said.
“There is ZERO chance of a hostile takeover at the moment. The overall tute ownership level is less than 4%. There have been no SEC filings with large position ownership changes. Thus, if an attempt was to be made to execute a hostile takeover, an entity would need to get to 50.1 % ownership which would cause a rise in stock price because of demand.
All one really has to do now is look at overall short interest (anemic at about 2 mm shares)....and average days to cover.....less than 2....so no short squeeze....but a fairly large number of daily trades are shorting this stock helping to keep price down.
The simple fact is, there is no interest in this stock....tutes don't and or can't invest here.....management doesn't buy on the open market, they rely on handouts, and even the shorts have little to make since we hover at $1.20....for now...next escalation will be end of summer after some PR accolades...till then.......between $1 and $1.30”
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