Saturday, May 21, 2011 1:17:55 AM
Lovely chart - stock near bottom and turning, strong accumulation, MACD turning positive, lots of room on the RSI... stock currently around MA(50) and easy break will send it to MA(200) which is around 0.0041, which is my short-term target price for RPPR. Notice how RPPR shot to 0.0045 in December, so I am sure it can get there again.
The S/S is great only 622M o/s and only 280M float.
RPPR recently turned from an R&D to a revenue-producing company.
They also acquired SUTIMCo, Inc. for $9.5M, while the market cap is only $0.56M!.
The company is also "expecting significant financial improvement for the Second Quarter of 2011" (from their last PR dated May 17)
RPPR is also planning a name change and "in connection with the name change, the Company will undergo a branding transition that includes a new logo design as well as an entirely revamped website and social media campaign".
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