InvestorsHub Logo
icon url

sl62

01/24/11 4:35 PM

#8940 RE: Runamuck #8935

Could very well be...

A good comparison is TRDY. They had 700M O/S ~ only 598M on POPT (and only 498M float) ~ and ran up to .024 on no announced news, just rumor. Up over a penny on day one and had only a little over half the Accum POPT currently has now.

Put a hard news announcement or filing on this one (as is clearly imminent now with recent 2011 OTC updates) and your figures are well within range imvho on momo. I'd say .05ish the low end initially (since that's about where it was when the company went underground and there's been no dilution since, and that's the next major resistance point after .01), then the news would dictate the rest. A dime+ certainly in the conversation given what is about to be released here. Float low enough and Accum high enough ;).

Let's put it this way. LK*N hit .018 last week on run of the mill news, a 430M float and only about a third of the Accum as POPT. Given these examples imvho POPT definitely headed for higher multi-pennies than both since it will have much more going for it. And I see GO*G hit .0096 this morning from just .001 late last week on a 1.9B float lol. POPT ready to go big! gl