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jerlegg

07/11/11 8:48 AM

#17083 RE: jpru #17082

Do you think every stock that has traded at $1.00 or more has been worth the actual amount of the calculations? No. Stocks run on momentum. Just bc a company is not worth a certain amount right now does not limit it from running to a certain pps.
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JonyJL

07/11/11 8:52 AM

#17085 RE: jpru #17082

I agree with you 100% It would take some revenue news - substantial at that - to get this stock up in the dollar zone... TRUE it could reach there on momentum, but like I said, the news/timing/etc would have to be absolutely perfect.... Very VERY unlikely to get to that on one piece of news imo.

wish it would though ;)

gl -jjl