Posted On: 03/17/2015 5:43:35 PM
Post# of 41414
Re: Old & Wise #12212
Agreed. They are really conservative but account for consolidation and some selling. In general, based on the charts .04 will be the major resistance. Everytime we entered a phase, we hit .04 easily.
Once we cross .04, we will start jumping by multiple cents at a time. but that wont happen until certification PR. I am seeing too much retail selling and too much dilution via VFIN and VDNM to gap up to .05 and beyond yet.. But, that's normal and expected until revenue flights commence. From all the pennies, I've watched getting to .05 seems to be the hardest part (besides crossing .01). Its really hard to break .05.
Once we cross .04, we will start jumping by multiple cents at a time. but that wont happen until certification PR. I am seeing too much retail selling and too much dilution via VFIN and VDNM to gap up to .05 and beyond yet.. But, that's normal and expected until revenue flights commence. From all the pennies, I've watched getting to .05 seems to be the hardest part (besides crossing .01). Its really hard to break .05.
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