Sometimes it is very hard to see your profits dwindle down after amazing spike from .05 to .36, but one needs to look at a bigger picture.
How many bashers were on the board when the stock was .008 cents and went to .03 and then back down to .015, just to jump to .05 and then back down to .025 and then jump to .095 and down to .055 and then make new highs.
Granted, we had some news via 8k and now complete silence for 6 weeks. After last 8k, things went crazy and stock kept going up on nice volume.
It couldn't sustain the rise because of lack of news. We expected news every day such as more payment of debt. But, for some reason company is very quiet.
If they were going to go bankrupt, they wouldn't have made any payments towards debt in the first place.
They are getting new clients but not announcing any of it. Lots of things are happening in the background which they don't seem to want to share with their investors. But, business is going on that's for sure.
Volume has been anemic here lately. Big holders are not selling because they know what they own. Flippers are staying away because of lack of volume and weak hands are jumping ships to pumps and dumps where they probably would lose a lot more than if they stayed here and waited things out.
No matter what happens short term, I think in a few months things would be a lot clearer. I am sure they will come out with 10q and 10k in a timely manner.
It is definitely not for a weak of heart but if you have done your DD, you should feel confident in what you hold. We have all seen how violently PPS rises up with any relatively good news. I think patience will be rewarded here.
This is a real company that was $7 last year. WIthout Kazoo and the financial burden it brought them, profit should rise substantially and with new customers PPS should go much higher.
Long and strong here. Don't matter day to day, but without doubt in two months this PPS will be much much higher than .36.
GLTA
