Monday, September 27, 2010 10:31:09 AM
question is, why did they post now and with that date when the last thing we have seen is around 8/15? sites like that dont just go off on a whim....
just confirms something is brewing and we should hear something soon
no i would not think it would be sitting at 10. but stocks do go down when companies fund(dilute) even with good things going for them. the issue is there is no buying pressure at the moment. people are holding so this is not a sinking ship, just waiting.
we have had little communication recently. people are waiting on a report that was mentioned a while back. this is also still in start up so even that report is not going to show 'huge' growth by everyones valuation. most of what is going on is overseas and hard to see and feel by investors, except the blossoming 1wc. that is a big bright spot at the moment.
basically everything is waiting on big anticipation. this is turning into a powder keg just looking for a spark.
as for pps, i dont get 10. before we traded between 22 and 28 so lets say 25 was average. we had 2b shares, thats like a 5m cap. normally changes to share structure effect pps but theoretically should not effect cap much. so 2.5b should see a pps more like 20 now, or between 18 and 22, rather than 10.
i expect a correction soon audit or not.
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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