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Re: xihil post# 52292

Saturday, 10/19/2013 2:35:56 PM

Saturday, October 19, 2013 2:35:56 PM

Post# of 97338
I've been saying that because of ACYD's huge $100 current valuation it's going to be a lot tougher to sustain any positive momentum, and that's because it requires a lot more money to move a $100 million valuation stock than money required to move a $30 million market cap company. It's just the law of large numbers, and you need to remember, Wailan still hasn't filed its financial statement so absolutely zero is known about Wailans finances. People can certainly speculate, but nobody can say that ACYD is worth $100 million when they don't know the value of the company's assets, their revenues, their liabilities or anything else. Funny when some peeps say they've done their homework on the company when the only thing that really matters, ie, the financials, aren't known. Until ACYD's financials are known, I think we'll see increased profit taking unless longs keep buying more and more shares. If your long, you just need to support it more by buying a lot more shares. But if you're a trader, I think you'll have an opportunity to buy at much lower prices soon so I'd wait for a much larger pullback.

Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y