Don't be disappointed. 99% of all penny stocks act the same way (near term) regardless of the hype, pumping, or how solid a company seems.
Over a week ago I said that I didn't see much upward movement in the AWYI PPS (near term) and there would probably be a slight decline. I was called a basher and one other poster went nuts - LOL. Hey, I call it like I see it. Like it or not.
Sure, I'm wrong sometimes, but I REFUSE to post BS hype (or bash) if I don't honestly feel and believe that it's true. After more than 20 years of dealing with this stuff, I'm right more often than not and my bank account proves it.
My call for the next few weeks:
If we don't get a PR/News or at least an update with some MEAT in it, we will continue to stumble around in the .004 - .006 range with a gradual overall decline in the PPS.
If we get a "fluff", forward looking PR ("we may", "we plan to", "in the future", etc.) - it's tank time. Not immediately - give it a few days. We need positive news on WHAT HAS BEEN DONE!
If we get a solid "meaty" PR then .05+ is surely within reach but only for a short while. Some good financials or additional news also need to be released.
This may seem obvious to some, but since all I've read, here and else ware, the direction of AWYI stock price, RIGHT NOW, is 90% dependent on expected news. Never mind charts, buy recommendations, hype, or other positive things constantly posted. Information from the company is what we need.
Everyone knows the positives of the company (good CEO, no debt, etc). The lack of activity (volume) tells me these things have worn themselves out. For an .006 stock, we should be in the 50mil range, minimum, every day. The only thing left to move the stock price is information on what the company has done, or is doing, to increase profitability.
When we see volume in the 100+ million range then LOOK OUT. We're on our way. It will happen - in time.
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