Posted On: 02/01/2016 9:14:40 PM
Post# of 7769
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Re: celtics2014 #7589
There is another platform that has lost a lot popularity that predicted the demise of scrc. We heard rhetoric such as I don't believe there is an auditor. If there was an auditor I am sure that scrc did not pay them. Scrc will never file a 10k. The insiders will dump this to zero. Oh there will be restatements.We heard from many sell everything you have as this is a zero.
Well we sit close to .04 and for 3 months this is up a lot 80%. Yes it is coming from a very low base. For the year scrc is up 52% outperforming the market by quite a bit. People had many opportunities to average down the last 6 months .025 to .0330 area. A lot people did just that and we are approx .04 right now.
I like the blocks that are bidding as someone wants in this name its very encouraging. 1m shares traded today dollar volume of 40k as yes we know it has been a lot more but you have to start somewhere. I thought this traded very well today. Today would have been the day for someone with size to sell out if they didn't like the 10k. Apparently most people are willing to give the company some time to turn this around.
Bottom Line: Trading the last 5 days is very encouraging. I am rooting for the company to get some upward momentum.
Well we sit close to .04 and for 3 months this is up a lot 80%. Yes it is coming from a very low base. For the year scrc is up 52% outperforming the market by quite a bit. People had many opportunities to average down the last 6 months .025 to .0330 area. A lot people did just that and we are approx .04 right now.
I like the blocks that are bidding as someone wants in this name its very encouraging. 1m shares traded today dollar volume of 40k as yes we know it has been a lot more but you have to start somewhere. I thought this traded very well today. Today would have been the day for someone with size to sell out if they didn't like the 10k. Apparently most people are willing to give the company some time to turn this around.
Bottom Line: Trading the last 5 days is very encouraging. I am rooting for the company to get some upward momentum.
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