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overlordpeter

05/02/16 7:49 AM

#12625 RE: VSAStory #12624

Since this stock moved to OTC I thought it would have more of a day trading appeal with some large volume. It seems to have consolidated but no break out.

Poupitz

05/02/16 8:33 AM

#12627 RE: VSAStory #12624

Anyone with a bit of memory will remember that this exact type of news never helped to sustain a rally in the past. This will only appeal to some day traders. Even if we're to see a rally, which I highly doubt, it won't last because it doesn't translate in any revenue figure. Last year for ex. the number of Enerplex retail locations more than doubled and Q4 2015 revenues were only marginally higher than those of Q4 2014 (and revenues were almost exclusively coming out of Enerplex sales) so ... It is only when the company will - for once - post suprisingly good results for a quarter that the shares will move higher (on a sustained basis, I'm not talking here about 50% or more rallies without news like we saw a couple of times last year and once this year). Foe this to happen, we need to see >1M revenues in Q1 2016 (3M in Q2 and 3M in Q3 then hopefully a winner by Q4 of 4M to bring a total of 11M beating revenue guidance by 10%) ...