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Thursday, November 22, 2007 3:51:03 PM
A poster recently talked about old historical values and I posted the Weekly Chart just now to highlight those in a more condensed fashion that his Daily Chart did. Whether these have any bearing going forward, I am not sure. Some of the higher prices are pretty far back, and the stock itself has undergone fundamental change since then. I doubt there is residual value or restriction in this stuff. 0.06 is a more recent number which may have some impact here TA-wise.
There is no overhead and not much recent history to work from, so we don't get good meaningful technical direction from that IMO.
DLAV values out fundamentally right now around 0.13 with current revs and conservative PE applied and I think these valuations are the best guide, by far, as to potential.
If this volume keeps up it could crack. Yesterday it traded around $1.5MM... this in itself could attract more potential buyers of the stock. Big Vol & Dollar A$$ flags.
All I can do is update the TA as the trends become evident, and shoot the bull here. It's really in the hands of the man from here on in. It's a penny stock that has come a long way so far, with out any major hiccup or retrace.
fringe
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