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Re: Muskie Hunter post# 21611

Sunday, 01/12/2020 5:39:41 PM

Sunday, January 12, 2020 5:39:41 PM

Post# of 60399
Also looking forward to conference call on Tuesday. Here's my take on probable price action this week:

Up slightly on Monday as people anticipate good news.

If conference call confirms good news most are expecting, there should be uptick as former skeptics start to get on board, even though, as some have said, most of the good news is already baked in to share price. If the favorable info from call is widely disseminated, some new folks should get on board, giving further uuptick late Tuesday and Wednesday.

If the call announces a major new project or partnership, we should see more of an uptick. If the new project comes with some sort of corporate or government non-dilutive financing, we will see even bigger uptick.

If the call indicates proposed issue of lots of new shares to finance projects that are already in the pipeline, expect a pullback--this is about the only scenario in which I can see the price going down after the call, barring cancellation of a previously-announced project or partnership.

I am glad I got back in after selling most of my shares years ago after bad earnings and reverse split. I was still holding a small piece--less than 100 shares after the reverse split before the most recent one, so they were showing a purchase price of about $40+ per share. Now adding steadily as able and not expecting any bad news. Of course we can't expect this to go straight up, as there are lots of price targets out thre for "sells," but I am quite hopeful for both near and long term.
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