SPO Networks Inc (SPOI)

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Penny I'll take a whack at that question.
I'll sum it up, this stock has,
Been there done that. This has many bag holders above .01
If most still hold after a year then .01 is no big deal. Its not like its looking for a new 52Week high. This price is not Virgin teretory.
With the spike to where we are today, is a sign the Free float was owned by share holders. Those bag holders will hold till they are in the green. Thats why many here have posted .02 is doable.
The last spike to .01 was killed after that opened the exit door for the few hold outs to bail. So IMHO, .01 has a great chance to drive right through on the way to .02
The nut that needs to be cracked is the guy sitting on 10,20,30MM shares @ .001. Hes in the drivers seat today. Anyone of those investors can temperarly kill any run any time. Sort of whats going on now.
Some short term Longs took out profits and killed the MoMo run. I'm cool with that. My heart goes out to that kind of trad'n
Now we sit till we get the next news event. How many do you think are saying, "If this runs above .006 again, I won't miss my chance"? Human nature.
I think its holding up very well. Not well enough to modify my .0045 buys up here. Maybe a week from now when we are still here looking for news.
Other than my soap box spew, your post is spot on. I'll go one step further, If we can get above this .006 ceiling, I think this has the free float hold to drive right up to .01.
This consolidation is healthy. My next trigger spot is above .008
But never know till it gets there.
That should bring some stuff down on me.