As un-nerving as it is to watch the low bids and even possible price, as long as folks dont panic (if) it takes a drop, (like the last month, on a 25k volume day it dropped a decent amount, but I look at the volume days and they are all stronger so far!
I do feel this is just consolidation... Assuming the float truly is only around 9million shares, a fair % of the float has traded this week alone.
As it consolidates higher, the next legs will be even that much more impressive.
Know your limits, if you have limits on profits, Even if you buy at .06, .066 from here is 10%... Just saying.
Personally, I think if they keep the sales coming as they have, and nail a few more like Belfor, with a float as low as this, it has 1 way to go on profit.
58MM Outstanding, and estimated 9m float.. no brainer.
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