Lots of investors in my opinion will look back at the warrants priced at .20 - .35 and realize that this was the sign that the stock was massively undervalued.
Execs dont price warrants that high unless they alot more than the avg. joe. They know what they own and they also know where this stock price is headed.
I can see this at 1.00 in the next few months.
We were at .70 in early April and this is headed back towards that price IMO once the Audited, and Higher Exchange happen.
Key is to get in before that because once that happens the price will be so much higher.
.03-.04 today or tomorrow is my prediction. If we can get above .04 then .10 may be possible this week IMO.
We are breaking out for the first time in several days as the indicators are just starting to turn up.
50 day around .04 so that will be first big resistance.
Once through that .10 - .125 will be next big resistance.
Good luck and I have a feeling today is gonna rock hard
come on guys - did anyone take notice to the short report posted by china on PS.com? i'm not the short pro but it looks like empirical evidence of a shorting and no one has talked about it?
take a look and let us know what you think. i'm sure the opinions will be split 50/50 as to the impact of the report but it appears to be worthy of dialog....
Posted by: ChinaCorp Date: Tuesday, July 01, 2008 3:42:49 AM In reply to: None Post # of 23138