Seems crazy, but it can happen. At these ultra low valuations, it can move with lightning speed.
I find it interesting that the strategy of throwing out a big bid (right now 60K@.0612) has worked like a charm for a long time now. But that train may have left the station. I don't see anyone jumping at the bait anymore. But I wonder if the sell side will crack first?
It would be nice to see this go to a dollar ...... but it won't happen.
Too many shares out now .... and a lackluster mgmt. team that does not understand how to communicate with investors. They've driven them all away.
If it hits $1 from here it'll be a spike resulting from investors rushing in on a deal with a big name ....... then those that have been enduring the mismanagement of this company will swoop in a sell it off.
The last two PRs resulted in almost NO POSITIVE ACTIVITY in the stock ..... and they should have ..... so why is that eh ? One would think the stock should be moving up to the prior resistance at .12 with this news ...... but folks around this name already understand Dahl's rhetoric. And you'll notice they don't even quote Dahl or any executive in these PRs any more. Don't you as an investor want to hear from your CEO ?? LOL ..... you'd figure that mgmt. would learn after 5 years in the public markets ...... but not this mgmt.
Be lucky to see a quarter at this point as I'm certain there are numerous longs who are ready to sell any upticks.
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