Yellow,
Right, your wording was not perfectly clear to me. Despite the widening of the bid-ask spread, yesterday's low of 0.0055 did not equal the significant low of 0.005, which was also the 52-week low. In other words, 0.008 was a short-term upside breakout, whereas yesterday's low of 0.0055 had no special technical significance.
You ask: "How long do we have to wait?". As we are talking about five or six new products, the full impact of sales efforts cannot be expected overnight but I would expect the next 4-6 weeks to be highly indicative. You will surely accuse me of optimisim, but I would not rule out a company update and some other news by mid-September. In any case, as I have pointed out in a number of recent posts, any company in its right senses is not going to issue important PRs in the month of August. (I hope you would agree on that, at least.)
For the rest, there had been quite a hue and cry about the lack of any detailed information about the new products. Now that information is largely available, but those who had been complaining so vigorously seem to be shrugging it off. I can only comment that
it can be dangerous to live with a world-view where only the entries on the debit side of the balance sheet are noticed, or are thought to hold any significance. Positive developments should be allowed to register, not only negative ones.
Latest Ticks Prev Close...Open.....Low..........High
...0.007................................0.007......0.0055...0.008
Day Volume Avg Day Vol VWAP 52 Wk Low 52 Wk High
2,305,000.........N/A.............0.007......0.005.............0.038
alj14
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