Hope for good news.....yes, but expect just..."news". It is only a CC. In my honest opinion investors here should "hope for a PR"...that would be "good news".
FWIW...If we don't get a PR prior to the CC, I expect we'll come back to (or just below) the range we were trading in last week. Trading in the .10's again and I'll add to my meger position once i see stability return to the stock price.
I personally like to see relatively stable share prices in companies that have solid science backing up products which have the ability to achieve wide acceptance across its intended market consisting of numerous commercial applications (more shots on goal). When I find a company meeting this criteria, I will only invest my $$'s when the share price is "stable" whether or not that "stable price" is higher or lower than my initial position. I'm holding till "stability" returns. For point of reference, last week was "stable" to me, until Friday afternoon.
This Friday's spike looks artificial. Traders trade. When they have been flushed through the system, and stability resumes, I will go back to picking up more shares. Here's to hoping it's at $.13 or higher...especially for those buying into Friday's close. :-)
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