Posted On: 05/28/2015 1:32:43 AM
Post# of 7769
You are entitled to do what you want. If the seller is gone which it appears this should exceed .071 I would think. .071 x 140m os 9.8m market cap one would think with their improved effiencies that this price is fairly undervalued.
Bottom Line: For the time being the 2m seller is done. However anything or anyone can always come out and do the same. The seller was very aggressive over 2 days .0875 to .06 so he/she was willing to sell 2m shares .0275 cents lower when they started yesterday. One would think an entry at these nadir levels is a very good risk/reward imo especially if the #s are sustained the rest of the year.
Bottom Line: For the time being the 2m seller is done. However anything or anyone can always come out and do the same. The seller was very aggressive over 2 days .0875 to .06 so he/she was willing to sell 2m shares .0275 cents lower when they started yesterday. One would think an entry at these nadir levels is a very good risk/reward imo especially if the #s are sustained the rest of the year.
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