Posted On: 06/09/2015 5:40:10 AM
Post# of 24
thesmalls Monday, 06/08/15 01:37:36 PM
Re: None
Post # of 565
nutt
stock looks poised to make a major jump. while past increases have brought sellers out - this current creep up has been met with no real resistance or sellers hurrying to accept bids. with the consistently increasing top and bottom lines - new investors are going to be more than ready to put the past behind them (even if they even do any real due diligence). share structure is still relatively clean on the surface (dont really know without full filings). not a lot of stocks in the $0.30 realm that will be generating those types of revenues ($15-18MM and $1-3M net income) with 32MM shares outstanding (non diluted).
wont take much of a push or some stock group to start promoting this to push it into the $1-1.50 realm on a quick run. ASK has remained thin. if the sellers have been exhausted - it will have little resistance at those multiples.
could be an interesting next 2-3 months.
Re: None
Post # of 565
nutt
stock looks poised to make a major jump. while past increases have brought sellers out - this current creep up has been met with no real resistance or sellers hurrying to accept bids. with the consistently increasing top and bottom lines - new investors are going to be more than ready to put the past behind them (even if they even do any real due diligence). share structure is still relatively clean on the surface (dont really know without full filings). not a lot of stocks in the $0.30 realm that will be generating those types of revenues ($15-18MM and $1-3M net income) with 32MM shares outstanding (non diluted).
wont take much of a push or some stock group to start promoting this to push it into the $1-1.50 realm on a quick run. ASK has remained thin. if the sellers have been exhausted - it will have little resistance at those multiples.
could be an interesting next 2-3 months.
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