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Saturday, April 16, 2011 12:05:58 AM
I believe we churn here a bit and either a/s reduction or contract news will move us to the next level.
I am more optimistic long term. I thing we move much higher over the next several months as the company's execution continues as long as the SS remains near the same. Holidays tend to cause technical software/app companies to move in big ways.
40 million float 110 o/s incredible for a sub penny stock with growing revenues I might add coupled with their intellectual property play (development engine and software titles).
Easily could support and justify a market cap of 10 million with a reasonable multiple. Now take into account the sector and those multiples can grow exponentially. It is what it is. Now what will the market do? We will see, but these are rock bottom prices IMHO..
Have a great weekend all!!!
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