Posted On: 07/24/2015 8:28:44 PM
Post# of 75087
Companies go through ups and downs on the stock market. This stock barely held in the 20s and high teens for maybe a little over a month over it's 1 year span.
That is called a high, or a peak.
If you go into historical prices, this company has maintained itself within the 10-13 cent. That seems to be where the support is. Everyone is panicking because it jumped back up to 15 cents briefly and is now at 12 cents. This stock price has only swung 3 cents in the last month. Aside from it's high in the 20's, it's pretty much maintained itself for 3 months.
If anything, this is an opportunity to buy when it's on it's dips. We have good news coming, be patient. It might even dip down to 7 cents, just buy more. Wait until those financials released and this puppy gets lifted to the OTCQB. Most companies on that exchange are well above .30 cents.
That is called a high, or a peak.
If you go into historical prices, this company has maintained itself within the 10-13 cent. That seems to be where the support is. Everyone is panicking because it jumped back up to 15 cents briefly and is now at 12 cents. This stock price has only swung 3 cents in the last month. Aside from it's high in the 20's, it's pretty much maintained itself for 3 months.
If anything, this is an opportunity to buy when it's on it's dips. We have good news coming, be patient. It might even dip down to 7 cents, just buy more. Wait until those financials released and this puppy gets lifted to the OTCQB. Most companies on that exchange are well above .30 cents.
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