Wednesday, April 18, 2007 6:19:37 PM
As I've stated many times, I prefer to get PRs from the company that lets the shareholders know what they are planning and what they have accomplished or not accomplished.
I don't think anyone can argue that Garr and Esprit is not being transparent and that they are trying to keep the shareholders informed. Obviously, they can't tell us everything that is going on because contracts and deals are still being negotiated. When the ink is dry, they will let us know.
I think many people originally bought into this company with the intention of flipping. It took off from .0002 and ran to .002. Quick easy money... now it has settled and is trading between .0008 and .0012 most of the time. The daytraders are taking advantage of it. Buy at .0008 or .0009 and sell it at .0012 a 50% or 30% profit... not bad.
I also think there are many of us that see the longer term potential of this company and are holding. Some people are upset that we are seven weeks into forming a base since the run up. I look at it as forming a solid base and when stocks form solid 5-8 week long bases after a run up... they tend to have solid long lasting breakouts that are sustained when they move up. I would like to see it move up to around .0018-.0020 within a week or so, dip a little to around .0015 and then look out.... with everything this company has going, when it goes, I think it will keep climbing. Again, I'm not looking for gap ups or huge one day moves.... I prefer the smaller daily upticks once the stock breaks out.
I welcome any thoughts or comments....
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