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Wednesday, 11/02/2022 7:10:10 PM

Wednesday, November 02, 2022 7:10:10 PM

Post# of 28548
So we have to give the "Bunny" guy some props. He has done more in a week to bring attention to this stock than our "IR guy" has done since we hired him several quarters ago. It's amazing what some volume will do here for the price. The best part is that so far, its all organic trading. Even CFGN, who was sitting at 2 cents for weeks moved up to 3.5 cents when the 2 cent threshold was breached earlier today. That is a VERY good sign since I thought he was gonna stay on 2 cents and absorb all the buying.

The one thing that I really don't want though is a huge burst of volume. That kind of activity attracts ASCM and he'll naked short the living daylights out of any stock that gets on his radar. The action on DV LP over the last 2 days is classic ASCM behavior. Completely wrecks any upside potential. So, if we keep moving up on a couple mil of volume each day we won't trigger him and the organic move can continue.

Overall, this stock has all kinds of positive things going for it. Fundamentally it is sound, and even in a lower freight rate environment the company has proven it can improve margins and actually make more money than it did when rates were higher. There's no reason this stock can't have a market cap of $100-$200M AT LEAST so long as there are POS stocks out there that have no revenue and bloated share structures.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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