Indeed.
And thanks. And I'll do my best.
As for the answer to your question...
Entirely dependent upon company fundamentals. Updated share structure numbers. Revenues projections. Earnings guidance. NASDAQ listing status. So on. Overall circumstance, as we approach the quarter you reference, will facilitate making a worthwhile guesstimate. The crux at the moment being our coming trading week. A week being an easy enough read. Significant opening gap up with no looking back. Stronger as the sessions progress. Just as with last week. Trading levels well in advance of $0.40 being in evidence as the week's activity closes out.
The grapevine having it that there will be at least two industrial strength PR's released. Numbers inclusive. Another week of solid green as the big money understandably continues to climb on board. And once SPNG achieves a senior listing, we'll be talking about the effect of applicable multiples. Different story until then.
Getting out of the basement, moving upstairs, presents a whole 'nother ballgame. One hosting an entirely different set of dynamics. All of that which routinely drives the serious buy-side at basement level being far different from that which precipitates worthwhile green where companies are listed. And SPNG is now in that middle ground between the two. Still quoted but headed for a listing with significant/tangible operational advancement in evidence. The type of advancement that draws the attention of the big money folks. That which, again, transforms the company.
SPNG being, now, all about fundamentals. And, sure, we could get into Technical Analysis. Into candlesticks in general and Marubozu's, etc. in particular and the rest of it. But, at this juncture, it's all about an accumulation to breakout situation. Achieving breakout velocity/volume. The coming trading week poised to see just that. With no looking back.
All in attendance seeing the light at that point. Trading levels to truly smile about.
SPNG management isn't about to mindlessly squander what last trading week began. An unparalleled opportunity to see market level advance in line with the NASDAQ intent. Management will proceed in concert with the upside. Continuing to provide the buy-side impetus. Total no-brainer situation. Couldn't be an easier read. Shrewdness no end.
The continuation of the big money entering yielding the sought-after breakout. Trading levels in line with company true value circumstance. At the very least. With said value advancing rapidly. A company resistant to the current economic downturn. Exactly as talked about. Risk/reward.
Time to focus on the near-term. On achieving trading levels in line with successfully achieving a senior listing. The shareholder respectful way.
Forward periods realities, at that point, being a no-brainer.
Seriously green trading week ahead.
Money in the bank.
Mike/Jim...
You're welcome.
And thank you.
AI
