Posted On: 05/25/2016 5:28:02 PM
Post# of 9144
Sahre Purchase
At prices this low, the stock would benefit from some open market purchases by Barnhizer as a sign of faith in the company. For about $10,000 he could purchase 500,000 or so shares. While it's rare to see that with penny stocks, I know of other companies where the CEO has stepped in with purchases.
The absence of news now for almost 6 months or so, is very damaging to the stock price. . Of course, if news of the N-ASSAY major journal publication hits, or news about developments with the multi-billion $ company occurs, the stock could take off rather suddenly.
Why no news on the Singapore distributor and possible in-roads into Asia?
The fear of what a handful of malacious investors might do to the company in the wake of updates, puts all genuine longs in a very bad spot. I'm not sure I buy that rationale anymore. How much more could that handful hurt the company than a stock price of about .02????
.
At prices this low, the stock would benefit from some open market purchases by Barnhizer as a sign of faith in the company. For about $10,000 he could purchase 500,000 or so shares. While it's rare to see that with penny stocks, I know of other companies where the CEO has stepped in with purchases.
The absence of news now for almost 6 months or so, is very damaging to the stock price. . Of course, if news of the N-ASSAY major journal publication hits, or news about developments with the multi-billion $ company occurs, the stock could take off rather suddenly.
Why no news on the Singapore distributor and possible in-roads into Asia?
The fear of what a handful of malacious investors might do to the company in the wake of updates, puts all genuine longs in a very bad spot. I'm not sure I buy that rationale anymore. How much more could that handful hurt the company than a stock price of about .02????
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