Followers | 88 |
Posts | 3149 |
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Alias Born | 03/03/2010 |
Tuesday, June 18, 2013 10:41:57 AM
The stock price up here is VERY BLOATED EXTREMLY Overbought
The company needs to do a secondary stock offering ASAP to take advantage and raise some much needed cash before they run out of money since they burned 28 Million in cash last year look at the balance sheet they had 28 Million in investments that is now gone they burned it all and are now down to just 18 Million in cash that want last long
Its been a very nice ride from 2$ to over 6$ in 2 short months but its time to get off this train and time to sell and lock those gains in greed kills in the stock market Lock those profits in and time to move the risk now is to the downside
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