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Thursday, March 20, 2014 1:30:37 PM
Yes, the prediction is for CAPC to trade at a price of .037-.039 within 60 days and, as you rightly surmised, is based on both the anticipated earnings results and the hope that the MITnits will finally get their act together and actually announce some marketable product coming from the $500,000 and two directorships they have pocketed to date.
Of course we can only hope that the forthcoming earnings release and CC will be professionally handled, unlike the third quarter debacle where the announcement of the dollar amount of increased earnings was blabbed some three weeks prior to the formal presentation, thus effectively murdering any surprise and stifling the chance of the stock to climb beyond .020 in November.
Hindsight? Not Hardly! Last November, with the stock trading as high as that .020, I made.the following predictions:
Thursday, 11/14/13
...the stock will drift lower, back to recent levels of around .013- .015 until shortly before the 10-K,
Monday, 11/25/13
...I believe there will be some better buy-in prices as much as 20% or more below today's close and that these will occur over the next ten weeks...
So it should come as no surprise that I'm hoping for some professionalism this time around.
Yes, I am still holding and every .001 change in the share price still changes the value of those holdings by +/- ~$3500. Thankfully, a large percentage of my shares are "free" shares and all the rest are also currently in the black.
Let's hope that "friends and family" have by now scarfed down sufficient shares that the the pps will be allowed to run and we can all score some righteous gains!
GLTY
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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