Sunrise Consulting Group Inc (SNRS)

[Aussielad]

Over the last couple of weeks, the market has given the benefit of the doubt to SNRS and has rewarded a lot of people here. For a year there was no bids at all and then SNRS traded briefly to 5. The company to its credit has shown us that it is "alive" again.

However, in order for this stock to continue its upward momentum, the market now wants SNRS to deliver. By deliver, means that the market wants real information and verifiable information about its operations, deals, its management stucture and its business plan.

The market does not want to see any more fluff at all. This is demonstrated over the last few days when the company released its PR about the $20mill Letter of intent. As we all saw, the market was not impressed at all and after that, prices have come down to 3 again. Resistance is now strong at 4. Until credible and verifiable information is released by SNRS, the market will hover between 2 and 4.

When the market get what its wants, then we move upwards, taking the 5's out and then possibly having a move up to 20 or so.