I look at things this way.....company is trying to be transparent but don't realize that their Twitter comments produce expectations and when those expectations are not met, some decide to dump and move on. When this happens, it produces huge sale prices and if those bargains are not added by longs, new blood on the watch take advantage and join the imminent party. Patience will pay here, in my opinion, and not just pay, but make some large holders here very, very wealthy. If we see our way clear to being valued at 5% of the market valuation of many of our peers in the data sector, we could be valued in the multiple dollar area. With a prior valuation of over $2 on speculation until the silly merging company wanted a 15-1 R/S as part of the deal. The valuation of some of our peers are well over $100-300 a share and achieving 5% of their valuation shouldn't be too hard, if we have the clientele that I think we do. They are now trying to withdraw that R/S action and get this merger finalized, get the ticker name changed, and start to open the floodgates of updates from the company about things they've been working on for the last quiet 6 months. Remember, every time we see a big seller, they get absorbed and we bounce back higher. With an imminent announcement forthcoming and sellers drying up last week, I think we are due for a bump higher in price to the .50 cent area without news this week. I'd love to see some after market or pre market news to catch some off guard.....and I also believe we have this all cleared up by week's end. All in my opinion of course.
PokerStar
