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Re: Invest12 post# 639

Friday, 09/24/2010 1:43:13 PM

Friday, September 24, 2010 1:43:13 PM

Post# of 66390
Only my humble opinion but look at the volumes. It went up to $4 on fairly heavy volume and has been declining on low vol. Take a look at Sept. 3-10 as an example. It declined every day and the daily volume dropped each day of that decline. Outside of some interest grouped around their news releases, there's hardly anyone following this company. It's not going to do well during those dead periods. That's o.k. That's what you want. The price spike represents hope that the agreements PR'd will translate into EPS...that's just potential right now...most people don't have to patience to hang with potential; that's called investing. The potential will have to be converted to financial results, then the weekly price fluctuations are not going to matter if/when the fundamentals come together. On that subject, how confident are y'all that they'll deliver on their sales/operational profitability Q4/full year goals?
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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