Posted On: 04/16/2014 11:05:13 AM
Post# of 1241
Re: factsrfacts #424
I know what you mean factsrfacts. When the market is in correction, everything goes down no matter how good or bad the company might be.
Look at STTK. StreamTrack came out with financials that were simply stellar - there is no other way to look at it. The share structure was better than expected, revenue was better than last quarter which was also very good, cost are down, and viewer traffic is dramatically increasing. Yet, the stock closed down. Go figure.
Normally, a sub-penny stock earning a profit and generating revenue would drive the price to the moon because most sub-penny stocks are not to the revenue generating stage.
Look at STTK. StreamTrack came out with financials that were simply stellar - there is no other way to look at it. The share structure was better than expected, revenue was better than last quarter which was also very good, cost are down, and viewer traffic is dramatically increasing. Yet, the stock closed down. Go figure.
Normally, a sub-penny stock earning a profit and generating revenue would drive the price to the moon because most sub-penny stocks are not to the revenue generating stage.
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