luckypenny many thanks for your advice. I agree.
I have looked at the recent closing prices and see this goes up to about 0.008c then down again. So, I'd guess it might be being traded,shorted (as most pink sheet stocks seem to be)or just generally stuck in a narrow trading band until substantial news comes that takes it to a new trading range.
I note the adjusted high (including the issue of the new shares) was 74c in October 2010. I'm beginning to think this company has a good chance of getting back there within two years even maybe? Also, to move to one of the main markets.
They are growing organically and they also hope to acquire other companies. I thought I found this company via Finviz. I really can't find where I made me initial note of it before I added it to my Bloomberg app. Well, I'm glad I found it on my own and have made a good investment decision. The pink sheets are so dangerous, I've got burned on most pink sheet stocks I've bought .... I do honestly feel this one will be different.
I will wait for the dip next week, then put my bid in, wait for it to double as we get nearer news, sell half, then enjoy the free ride.
All my own views of course.
