If it was that easy to predict, everyone would jump in. It is stuff like this that separates people that aren't willing to take a chance. I could list a dozen stocks that have gone up 100's of percent in a fairly short time. I can also show a dozen that have crashed. In both cases some have moved for good reason while others "just because". Look at DRYS as an example of something crazy (up and down). As for this company. It seems that the stock won't move much until they show "real" sales. Even with that, it may take a couple quarters for people to really catch on. It's always hard to predict exactly how the market is going to react. At the end of the day, what I look for is a good growth game plan on continued execution. I was hoping for a pop based on Friday's news but I think that because it is a pink sheet, folks want audited #'s. Getting of the pinks will definitely help give this legs. I am willing to sit at this price until they show revenue and growth. I believe 50 cents is within reason. If revenue continues to grow than a stock P/E will come into play. The P/E will be what larger investors will be looking for. I think a P/E in the low 20's is conservative for this type of company.
So, I am looking for huge quarter over quarter sales, share buyback and uplist to be catalysts to get the stock from .02 to .10 to .50 and up over the next year. Lots of obstacles along the way but things are going in the right direction.
As always, this is just how I see things playing out.
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Words to remember "Investing is a Marathon not a Sprint"
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