InvestorsHub Logo
Followers 2
Posts 537
Boards Moderated 0
Alias Born 04/18/2005

Re: ambulance_blues post# 1504

Monday, 05/16/2005 5:54:00 PM

Monday, May 16, 2005 5:54:00 PM

Post# of 10735
I need to see a couple more weeks of lower volume and steady prices before I'll believe that we're back to normal. It would be nice to have the big seller(s) gone, but you never can be certain of anything. I am an optimistic person, however, so I am feeling as though the worst may be behind us. This company is growning rapidly, has solid fundamentals, and they have a cutting-edge product that could really take the industry by storm. In addition, the recurring revenues from auto financing and GPS subscriptions should create ample cash. If the person that has been unloading shares in indeed gone, then it would only make sense to see this stock gradually rise on moderate volume. As it reaches certain milestones ($1.50, $1.75, $2.00, etc.), I would expect to see more volume. After they file and become a fully reporting company, I would expect regular volume surges as institutions take notice. Patience will be very rewarding.

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y