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trader59

09/03/18 12:51 PM

#97010 RE: pearsby09 #97004

Given the volatility of this stock based on possible projected potential as opposed to sales/revenue/profit over the course of 2018, it is difficult to answer that. In the OTC, once a stock makes a run like this one did, it won't make another unless there's real sales of the product, too many people burned who purchased the spike and newer investors who'll see that chart and won't toss money at stock based on the same sort of hype. It's been stuck in the channel it is in for some time, only the realization there's still no revenue drove it down into the $.30's, made for a flipper's paradise for a 50% gain.

My guess will be the stock price hovers where it is, the underwriter agrees to take it on in the $0.40's, and we watch the price react to the addition of 30-40M shares to the float.