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jmurfk

04/05/11 8:19 AM

#32757 RE: billmick11 #32753

I think it's stuck here for a bit. The hype already drove it, and now it fell back. I think some pops are possible. I think a run back over .002 is unlikely, unless something strong and concrete is released. The hype of revs are great, and revs are a good thing, but I think these rev hypes will be surprised in a month when the quarterly disclosure is released, and they see how much is gone after the company costs and overhead are subtracted.

Currently, the company is valued at .0008. Folks have done DD, and right here is the markets valuation. Granted, it could change, but regardless of what anyone says, the float is extremely large, and the PPS is hard to move up. Folks have commented about the float providing healthy liquidity or whatever. 100 mil float provides healthy liquidity. The daily trading here is an example of that 4.1 billion float, and it isn't healthy.