Sunday, January 24, 2010 11:59:17 AM
You may thank me later. RVGD rally may be done for short run. But it has lot of room to go way way up - I can say so technically.
I agree that the rally is probably done for the short run. I don't expect any earth shattering news that could propel the stock other than a huge grant from the federal government and Doug proves his engine.
And fundamentally just imagine if PETER comes up with 750 VERDE in first year. Don't you think RVGD will be in multiple pennies if peter gets 750 cars ?
If RVGD produced 100 cars per month and sold them, with a backlog of orders, the pps would go up significantly. If you believe it will happen, it appears that couldn't happen until the 4th qtr. of this year....a very long-term hold for a pinksheet company. Meanwhile, I think the pps will continue to slide south until that possible happening which is nearly a year away.
Doubt this will even be a good short-term flipping stock for those reasons.
Suff happens on the pinks. Have a nice day!
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