No offense sundowner but 8 years of admitted losses and buying a stock after it had already doubled doesn't exactly give you a great track record. This company made 7 million dollars year ending in July. This stock is not undervalued IMO and if you do indeed have profits here I would be very careful in protecting them. They may get a little more run out of it by continuing all the spamming tactics that Wester posted about but I would be extremely careful. Stocks don't consistantly trade at levels based on "12 month projections". This stock will NOT be listed on Nasdaq anytime in the near or in all likelihood distant future. Just look up nasdaq requirements for proof of that. The fact that they pumped that in a press release makes me even more wary of them. Amex at some point maybe as it takes much less effort to get listed there. All you have to do is look at the charts of cvdt(another chinese voip penny stock) and voic (the former company that Burbank worked for) to see how when real numbers are shown how bad the tumble can be. Just a word of caution. Blow this post off at your own peril. No biggie to me. I don't own it nor will I ever but I have done my dd on the figures involved here that worked for voic and its not just one and also the MM brge who pumped the heck out of voic in the old days. Got to go. GLTA
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.