Monday, February 11, 2008 10:09:44 PM
I think the PPS is where it is because;
1. Here is a company that looks to announce double or triple revenues in the next 10k
2. They are positioning to uplist
3. They have total transparency
4. They have solid products, sales and profits
All sounds good huh?
Now, if you take a look at L2 and notice that most of the MM's on the bid represent a lot of institutional buyers. Don't you think the price has been "walked down" to the levels it is now so these buyers can load up before any or all of 1-4 take place?
Once they uplist or the 10k comes out reflecting what is being anticipated it won't be as easy to manuver the price as it is now.
I think we are in one big long "head fake" and soon the PPS will reflect the true value of the company.
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