REVISED EXPECTATIONS:
Not the kind of day I was projecting. My expectations going into today were a sustained gap of .015 or higher (with a possible 5%-10% dip), and then an immediate push into low .02's where some profit taking would take place until afternoon; followed with a late day push/test to .025 - .03... If the mornings PR was better than expected, a strong push into .05 on Tuesday.
Obviously none of that happened today. VNDM sold into the gap, and the PR many of us were expecting did not arrive. Honestly guys, I think it's pretty crazy they didn't PR the event today... but I'm confident it'll show up eventually.
Today's conversation with APT's Investor Relations person also wasn't what I expected going in. I'll just cut to the chase and say the guy was downright RUDE... Others have PM'd me and said they've encountered the same sort of response (I'm being generous here). On this subject I think the best course of action from here on is to continue politely letting them know that we exist and that we expect a formal greeting from them soon.
Based on today's actions and findings, here are my revised projections:
10-day short-term outlook of .03 - .05; my 90 day remains bullish but revised to .08 to .15, dependent on news. Loss of momentum will impact us short-term but news will rally. The fundamentals on this company haven't changed but how they communicate with us and the timing of that communication has a direct impact on Price. Let's hope they're just getting a slow start.
I still firmly believe anything under .015 is a steal here. 100% confident we're going to continue to sustain growth mid-term; however, as someone reminded me today, the hype and expectations need to be tempered going forward. We had a solid green day today and although we didn't perform as expected, we did continue trending upward. Chart remains a powerhouse and fundamentals continue looking strong. Let's trade it as we see it.
Disclaimer: As always gang, please don’t rely on the information I post to the boards. Do not use it to base your trading decisions off of. The information I discuss is used to generate further information, discourse and feedback. Please do your own DD, and be cautious using others info. My opinions are based on incomplete data, and are at times, inaccurate.
Good Luck tomorrow all.
