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PennyWorld

11/25/17 6:00 PM

#4342 RE: Eksobeans #4341

EkSobeans.. you probably do not want to put a whole lot of credence on my feedback because I have only been long EKSO for a week for so. So I don't have the war wounds of a very long... long. But this penny looks interesting and appears to have some promise so I became interested.

You don't appear to be a TA trader (tech analysis). You appear to be operating in the Fundamental Analysis (FA) space. I myself operate in both spaces.

As you know FA relies on NEWS to drive stock prices. It was news that drove this last PPS spike. Personally I don't think TA will help all that much with EKSO due to it's high volatility and news presence. Although... keeping tabs on the support and resistance levels is not a bad idea IMO. I use APA Zones for that. I use Hawkeye Pro for trending.

So IMO we are simply waiting for more news with this one. PPS will drift south with no news, and will spike with new positive news. It's all a gamble. I never trust any CEO or insider of a penny stock though. Particularly after they just did an R/S to get on the NASDAQ (which wiped out a good number of SH), and then want to expand their A/S to dilute more. Wash, Rinse, Recyle ... as they say. So in that regard... watch the REAL TIME O/S (if you can get it) to stay on top of the insider selling. I plan on calling the Transfer Agent on Monday for an update on O/S. Hopefully they won't have a gag order. Outside of that, this looks like a very interesting investment which could theoretically go places if the insiders are truly on the "up and up". But I no longer let myself get fooled by the B.S. that insiders insert in their financials or PRs. Always be skeptical is what I say to expose the weeds. Look at the glass as half full! Else you become nothing more than "1 of the herd".