Well looking at the charts we are bullish atm...obviously from the golden cross, but almost every time the daily RSI gets in this range there is a sell off. It almost appears to be double topping. No message board hype, so probably no momo. I personally wouldn't be a buyer as the volume is relatively low and the charts can be manipulated.(as we see on AAPT) I do like all the candlestick shadows though as it's shows they are trying to keep it in that range.
There is also a little pump going on xtremepicks.com Pumps always make it hard to tell because you never know how educated there buyers/sellers are. As well as pumps sometimes mean a PR soon... The buying maybe be the pumpers getting in.
Good find... Definitely worth watching, but going into summer it may get top heavy.
Fundamentally there growing. Their losses are bigger than there gains, but this is more than likely due to growth costs.
-- Revenues of $7,231,069 for fiscal year ended December 31, 2011 compared to revenues of $4,972,093 for fiscal year ended December 31, 2010 . -- Revenue increase of 45% for fiscal year ended December 31, 2011 compared to fiscal year ended December 31, 2010 . -- Cost of sales of revenues of $5,085,957 in fiscal year ended December 31, 2011 compared to cost of sales of revenues of $2,702,047 in fiscal year ended December 31, 2010 . -- Operating expenses of $4,994,199 in fiscal year ended December 31, 2011 compared to operating expenses of $5,674,094 in fiscal year ended December 31, 2010 . -- Net Loss from Operations of $6,722,609 in fiscal year ended December 31, 2011 compared to net loss from operations of $3,702,381 in fiscal year ended December 31, 2010 . -- Excluding the impairment of inventory expenses, Net Loss from Operations of $3,482,107 in fiscal year ended December 31, 2011 compared to net loss from operations of $3,702,381 in fiscal year ended December 31, 2010 . -- Net Loss $7,787,877 in fiscal year ended December 31, 2011 compared to net loss of $4,191,682 in fiscal year ended December 31, 2010 . "Fiscal 201
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