Thursday, April 06, 2023 1:00:17 PM
1. This is not a stock to day trade or for a fast turnaround. Trading history indicates little movement even with good news. This tells me it doesn't have a following and nobody is promoting it so patience is required here.
2. When it does get noticed (and at some point, I think it will), it's gonna move exponentially very quickly and there will be very little if any time for someone to build a position at or near these levels. If it's still earning $479k like last year and it gets some real eyeballs on is with positive news a PE of 20 gives the stock a Market Cap of $9.6 million and a stock price of $.027. Not a bad return for a stock I am buying for $.005. If it really catches on, I think even $.05+ is a legitimate possibility.
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