Technically speaking this chart has power! I see resistance at .023, .0234, and .024. If you look at a chart, you will see continuous higher highs and higher lows for days. If the stock can break that resistance, then, it will continue. It is a little toppy here, and with no immediate news could consolidate. I would not be worried.
What is pushing this chart? Rumor, and scanners and chartists who see a rising opportunity!
Reverse Mergers: I have participated in many. If you are unsure of what Speckulater said, go to the keating.com website. They specialize in moving REAL profitable companies into shells. I have invested in many of their shells, gone through many reverse mergers and all have been great! Most sub-penny/penny reverse mergers I have participated in have been really bad! They usually return to their original price. Sad but true.
My target for this stock is to watch carefully, to sell all but maybe 1000 shares on the day of the rocket ride, and to ride the rest through whatever will be. I may add as time goes on after the dust settles.
GLTA!
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