American Scientific Resources (ASFX)

[OBI]

Folks until volume picks up, current pps means nothing.

since there are some bids at 0.25 and 0.11, so if I was desperate and sell at those level just so it goes thru, does that mean the value of the company is at 0.11? woopie we lost another 80% post-split. on the heels of a pre-R/S 6-8 million volume.

when we were trading at 8 cent, volume was in the hundreds of million.

The biggest downside in realizing this is that the low volume has trapped investor, so you only have two choice, sell into desperation with a pps value that is way undersold and does not reflect true standing. or hold until there are better volatility and higher swings on heels of stronger volume.

I suspect we will soon see some update and further news to give us that chance.

if God forbid ASR to hit those big volume days again, I can almost be certain that the pps will not be trading at these lofty low level.

perfect example was in January, volume shot up to 30 million and it instantly took pps from .004 to .0077 nearly doubling. Do you see the difference between high volume/low volume.

The key is high volume, and high volume at current pps will not hold and real value of the company will be seen then.

so stop fussing over the 30% drop or 80%. if volume dont come back, even if you fire all management and earning triples, it will do squad. The positive note on this is that, if volume comes back, price can still advance significantly even if fundamentals dont catch up.