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Saturday, June 09, 2012 10:14:17 AM
One can forecast when news might come out. Companies issues statements of release dates for products, promotions, news, etc... However, AAPL or any of the rest will have no idea how the market will take it and how the news will affect the stock price. ISML and every other penny is no different.
June could be a terrific month based upon the news that could come out. We are seeing verification on the movie end of things that there is progress. Many of us are awaiting the release of the financial statements that are, according to some, with the attorney awaiting approval (I can only hope these people got this info from the CEO and are not blowing smoke). Nevertheless, there is nothing that says that any of this will move the share price up and certainly cannot make the claim for a 2000% rise. Sure we all can make claims what the company is worth in terms of per share value. Many believe AAPL is a $900 stock yet it waffles between $570-$580. The market does not always agree.
I can say it is my belief that ISML is worth a helluva lot more than $.02. This is based upon what I find to be occurring with the company. Verification of what was put out is required and I feel this will move the stock price. When this will happen is anyone's guess. There is a risk in all stocks but that is multiplied in the penny world. ISML will be on much firmer standing, in my opinion, once we see some follow through on what was already put in writing.
At this point, we are a stock for wildcatters. Numbers move us to a valuation play. Before their release, the true stock bandits seeking the massive payday will be attracted to this. The higher risk is offset by the higher reward. Consider this: the chances of moving from $.02 to $.30 is greater than moving from $.30 to $4.50.
All wildcatters will want to check this out in the next week. I am one who believes a bigger payday is coming.
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