Wednesday, July 31, 2013 8:52:09 AM
Q1 results showed sales of $120,000 without the full impact of Walmart orders. Q2 thus will break their previous sales record. How penny companies appreciate in stock price? By finally getting to show revenues after years of reporting losses. Several penny stocks actually dont even get to get their products into online retailers nor brick and mortar stores.
AAPT has both now with Walmart and Amazon. Cash is finally coming in. AAPT sure has had its troubles, like several other penny stocks, but they dont have what AAPT has now, AAPT has finally found the recipe and can use this footprint to introduce their other products following this recipe. The hard work is done, the seed has been planted and is producing flowers now, patience is key. I am not throwing price per share in dollar amounts, IMO, when the authorized shares were 1B, I came up with PPS valuation north of $0.30, pesimistically speaking, cutting those projections 6 times, not 3 times, 6 times, that gives you a valuation of at the very least $0.05. IMO, too risky to short, plenty of opportunity for longs.
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