It is not a highly followed stock. It's up 300% and that should bring some interest. If you look at it's trading history you will find that it has more upside. They have returned to profitability and have added a new segment to operations. Buying and selling real estate for profit. Balance sheet is about as good as you will find for a stock trading in this range. Sounds like future profits as well. This probably wont fly to .10 in a week but a patient investor should make serious bank here.
"The financial landscape of Sitestar is showing the positive signs we have been looking for," said Frank R. Erhartic, Jr., CEO for Sitestar. "A significant amount of our intangible assets are becoming fully amortized resulting in lower operating costs and higher net profits in our technology business. In addition, we have continued investing our surplus cash flows in real estate and anticipate this leading market will soon bear the fruit of our efforts."
You can see where it traded when they were profitable before. Profits should be larger now than they were then. Especially if they are able to sell some real estate for gains.
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