All very good points retroman. There's no reason why a company like this, who has been flat this long with already proven ongoing revenues, and a large new channel now opening up in the financial transaction space (and with more on the way in 2010), can't realistically support a multiple that has it living in the .025 - .05 area. Actual company performance of incoming revenues and expectation of a positive near-future is what gets rewarded in this game 100% of the time. All that's required here to achieve those levels is for the company to confirm those new revenue streams are live and a reality...and that more is on the way.
Yes, MACD now showing a healthy positive divergence for 5 days and notice the uptrending MFI since the beginning of March. Also important to call out is the shallowness of the negative MACD divergent periods all the way back to Jan 1. Exactly what you expect to see when sentiment is turning positive. Again, the seemingly flat SP can be deceiving on the surface but the technicals are all positive underneath it.
I see that the 200 is reading .0091 today so it's cleanly now under .01 and on a crash course to join this party in a good way in a matter of days. Pretty much on schedule. Now any day here, just add some very meaningful news. The table is all set and waiting for the main course. Next week the stock will be forced into a resolve of some kind here. We shall see. If the company delivers as they are supposed to, I can't see shareholders losing. gl