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Sunday, July 07, 2013 5:38:41 PM
Anyone who follows the market can tell you that a stock at $1.67, or any penny stock is very risky. And certainly more risky then a $10.00 stock. The stock moves to $10.00 because risk has been removed, not because there is more risk. If you cannot agree with this concept, then I will just consider you a basher.
Finally, a move to $2.00 from our current PPS of $1.67 would be a move of 20%. We just moved up 18% last week on no news. I do not think this is unattainable, and certainly not a miracle.
Chenzo
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