AWSRE 17MM Float: Major Production News coming!
AWSR going to .50's and even over $1.00 + short term imo.
From the $AWSR numbers here is what we have:
64mm Outstanding shares
Of the 64mm Outstanding:
48% are held by insiders (restricted insider rules)
25% are held by institutions (restricted insider rules)
Ok this above means that leaves around 17MM real shares in the Float! Hmmm looks like AWSR is going to run high especially with shorty stuck in here knee deep. Just from the looks of level II the past 2 days both ETRADE & NITE are heavy short and about to get squeezed hard!
AWSR Productions/Financials (must read): As we just got a small taste of how AWSR can move (.14 to .37) I agree its just a matter of time (days) before AWSR is in play again and setting new highs. AWSR is and has a hot commodity (high quality - valuable coal) and its just a matter of time before the company announces news, developments, production and an update all of which will rattle the markets cage for AWSR.
The institutions are waiting for guidance and an update from the Company on its coal mine production since it had slowed off from a coal seem shift back in 4th qtr of 2011 however once they update on this the stock will fly back to $1.00++++ imo. They stand to get coverage again as well just like the $4.50 target price they had from Zacks which is huge. The only reason the stock is cheap is because of no updates or guidance on production and numbers since the seem shift and the institutions, funders and big money investors such as myself are waiting for this update.
I have done way to much research, spoken with the company/ir and to many people to know that this stock is worth much more and once they update on this its going to run.
This is the only reason why this stock is cheap right now however soon it will trade much higher imo. Good things coming. Cheapies are here and now!
For what its worth I am not expecting anything good from the financials and the institutions & other big investors are on the same wave length as myself imo however the big money will look to jump in once the company updates on production (and its status). I believe they will right after they get the financials out of the way which is a smart move on their behalf. Plus it makes since because we know the numbers are not going to be anything special this qtr imo. However once they announce anything about the production or update on the coal mining this is when the big money will jump back in and run this stock back to multiple dollars. I am not talking about ihub money, I am talking about institutions and big money, like the funders that funded them and other big money players. I also expect this to create a short squeeze because this is when the institution will push it much higher & with a force.
AI
