If we don't get any news then probably not, unfortunately. I think we will probably stay within the .0008 range to .0012 for the next few weeks...assuming no news. So, more upside potential then downside risk but also nothing really to write home about. Great level for those wanting to establish a long term position but I don't the the market action over the next few wekks in this stock will bring in any short term traders or flippers to help drive up the pps. Unless we get some news, of course.
Yes, it is unbelievably undervalued...one of the most 4-5 undervalued penny stocks I have come across in the 18 years I have been investing in them. There is no doubt in my mind that this will eventually be rectified and the pps will eventually trade at a level that reflects the true value and potential of the company...which in my opinion is around .02. Unfortunately I can not say when it will be but I think the next PR from the company we see regarding Blu Vu will be the catalyst for a long term run. But regarding the stock's valuation for the immediate future, I think John Maynard Keynes said it best "The market can stay irrational longer then you can stay solvent."