this is how i see it...all just an opinion....
i am not surprised this went to the .60's
I've been on the sidelines a while here, i am amazed this dropped from .60 to .10
a drop to the (high .20's) or (low .30's) is expexted......
but back down this low.....wow
with most pennies i expect more of a drop.....but this is stan lee
i would have thought pown would have maintained a bit more of the pps increase
i may buy a few if i see a small dip.....but probably will not buy over .10
the negative issue here is also the good part.....lack of updates/pr's
lack of pr's drops the pps......but when a pr does come(its usually huge news)imo
it all comes down to......will investors hold and wait 6 months for news(or whatever the time frame may be)
the last real meaty pr was in 2006 for gosh sakes
i think there are great possibilities here for the ones that can/will hold......
the positives....
1)the float appears to be very low
2)stan lee is involved for gosh sakes
4)this stock has proven it can shoot up to at least the .60's
the negatives....
1)i hate to say it.....(stan's age).....i hope he's around for decades to come, but a company relying on the name of a man in his 80's is scary....healthy or not
heart and other issues often occur enexpectedly as humans get older
2)the a/s and o/s.......though it appears the float is very low, there are alot of restricted shares out
this scares me because we have no idea when they could hit the market(100 million in the float could be a disaster for the pps)
again, all just opinions here.....take it or leave it
i wish all longs luck....just hope there is a "quick" dip for me to get in before u all make ur fortunes....lol
if i do buy, i think u will all know it by the volume that day
i'll be lurking....
take care all
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