Yes what I say is my opinion but .21 anytime soon is a little ridiculous that's almost a 84 million dollar market cap(come June). This isn't a stock that averages 30% of its o/s everyday and it's not a hot stock that has a huge following but yet still could be a promising investment for years to come. It hit .21 cents the o/s was much smaller and I don't see it hitting that short term.
Progress is decent stop and shop has been great news but they only carry 2 products of the 5 at this time. I look and it seems to sell well but revenues will not be strong for a while. Like I said before their profit margin is only 25% (and that is a fact based on the last 10Q).
i don't see .21 anytime soon. that was when a very large chatroom blew it up. there were about 500 members that jumped all over it (i was one of them in that chatroom). the share structure was different than now. it is true they had no products on the shelves at that time but at that time IR said they would be hitting shelves by memorial day so buyers were eager to get in. there has been a lot more dilution since then so it will take much more to move it that fast. and now we know there will be more dilution this summer which will keep many investors out till then. i think it is reasonable to see .03-.05 by this summer if more stores are added but i doubt we see anything higher than that until it goes national (or until we hit target or wal mart or another huge national chain).
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