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Revenue has been increasing each year but it

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RoboTrader   Friday, 09/14/12 01:51:30 AM
Re: nagoya1 post# 215
Post # of 261 
Revenue has been increasing each year but it dropped almost 50% from last year to this year, something happened there to cause that drop. That's prolly the main reason why it dropped in pps value and it appears to still be dropping with no known bottom in sight. They're also talking about being delisted which isn't good news for a stock.

The O/S looks good:

Shares Outstanding - 552.00M Float - 549.88M

Looking at the charts, it looks like there's more room for it to go down looking at RSI and Slow Sto as well as the BBs.

There might be a good play here but I don't know enough about it to know why that revenue drop happened. I wouldn't enter now based on the charts but wait a little bit, of course, knowing what the main event to make this rocket back up is the key. What is it that made it go down and what is it that will make it shoot back up? Once we know that, then we might know how to play this.

\\//_



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