Well it looks to me like .36 or .38 is getting squeezed real hard here, only question left is will it break higher before it tries to cover the gap up from way back when it gaped up from the low 20s to the 70s. I am hoping it gaps up first, but I have placed buy orders in all the way from .19 to .25 in case it runs down and back up so fast that I miss it, like if I am away from the computer all day. The TA has oscillated back and forth (bearish-bullish-bearish-bullish) in the wedge/triangle squeeze as the upper resistance has fallen and the lower support at .36 has held, showing a bear, then a bull back and forth lately. I am pretty sure we will see .25 or so eventually, but it may come and go real fast, and any real solid news on this stock could run up a lot higher real fast. I think a lot of people are watching this stock and news now that weren't around for the last run up.
I bought in a while back, and just this week finally got time to dig into the real DD on this one, and I got to thinking that this one could end up being a low Cap stock, meaning let the partners build the engines, meaning we don't need to sell more shares to fund a billion dollar factory!!!!!, so this company becomes a cash cow overnight (OK a few more years maybe), but what happens if China builds 1,000,000 motor cycle engines a year and pays us $10 per engine in royalty fees? At a 10:1 PE that makes an easy 100,000,000 market cap, now plug in more realistic numbers if you have them and see where that takes our market cap and divide by the number of shares.
Am I kidding myself, or could the market cap here go to .5-1 billion dollars in a few short years, with out more funding to build plants since they have partners in China to do that now?
