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totffe

12/16/19 10:37 AM

#23347 RE: RMD1 #23344

All true, but the market price of true stocks (and we are, an exception to the general OTC) is usually with a 6 month or longer outlook. So, anticipating where we are going, a trading price of .03-.05 is legitimate at this point. Expectation is what it is all about. JMO

lumpy9200

12/16/19 11:12 AM

#23350 RE: RMD1 #23344

However, their results were already baked into the current share price



With all due respect, I completely disagree. I've been saying for the last week that I think the 900% revenue gain was NOT baked into the price. I felt that way because the stock sold off so fiercely after last earnings release, despite the company clearly saying that revs from the current big contract were pushed into the following quarter (and that's why it would be up 900%). The selloff meant no one listened to that IMO, so by default that means investors would be surprised when it happened. The morning got off to a slow start, but I think breaking a penny shows the revenue number wasn't baked in. Just my humble opinion, as always.....