wakl, you are bang on.
Fundamentally, the stock is very sound.It is no longer a concept stock, that is, they now have some real products.
Technically, it has been trading within a very narrow range, within 1 or 2 cents since the beginning of this week. IMO and given all the available public info, the stock is nicely poised to set a new high within a month. It is, in my opinion, very cheap considering the enormous potential of the company.
No negative indicator - only one being the stock promotion a few months ago. The other one, which is CEO's selling, is understandable and wakl explained that. If you look at the disclosure of the penny stock promoter, you will find that Shrinknano paid only 5 grand to promote the stock, which is insignificant. And, no one paid the penny stock promoters any money to sell a big holding.
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