Replies to post #1760 on American Security Resources Corp. (ARSC)

[blindinvestor]

Scoundrel, it looks like there could be a convergence shortly if ARSC pps continues it's slight incline movement. It's interesting that in today's market slide, ARSC is not only holding, it's up a tick. Illustrates pretty good investor sentiment in the stock when that happens. A really nice base has formed in the range of .065 to .08, and that is a higher base than the last. Therefore, in my opinion, the next leg up could take the pps over .10, and this should happen easily with any worthwhile news. Really good news could take it to the mid teens. You may want to exercise a little patience on this one as management is not the quickest at sending out PR's. However, if you want to review a few of my posts there you will see one which outlines what could be an action plan, all subjects taken from the company's pr's. If all those happen relatively on schedule, then it might be possible to see the stock back at .60, or higher. LOL