Correct. Today has been a very long seminar on the
Post# of 7769
Posted On: 09/04/2014 9:24:51 PM
Correct. Today has been a very long seminar on the PPS. I believe a bottom is forming/has formed .085 to .09. For the year the average price is probably about .11. No one the past 8 months has really seen much of a change regarding PPS. I believe from a risk/reward perspective this area is probably very attractive. If there is a few shares bought at the offer then whole dynamic could change 15% to 30% higher. Small order sitting at .10 for 226k at csti last 10 days approx 20k dollars not a huge roadblock at all. If someone wants to accumulate this .09 to .10 area seems very reasonable given the current valuation. I am not expecting a huge move to the upside nor downside. Look I can be very wrong as my price predictions have been off. I will let you guys/the market determine the PPS.
I would much rather haven a broken stock than a broken company. Well thats where we are right now but a bottom seems to be in place potentially. What will change the PPS probably some more time and a few very profitable quarters. Is it possible rapimeds could spark a note and send the stock higher???? Sure but it will be from a different set of buyers as I believe most of the core have fully invested for the last several months. I believe a little more patience is in order for longer term investors. For traders I do not believe they will have their way any longer. Judging by the venomous posts I believe guys who put this position on higher are frustrated that they could not trade out of it again and are doing what they do best POINT THE FINGER.
I would much rather haven a broken stock than a broken company. Well thats where we are right now but a bottom seems to be in place potentially. What will change the PPS probably some more time and a few very profitable quarters. Is it possible rapimeds could spark a note and send the stock higher???? Sure but it will be from a different set of buyers as I believe most of the core have fully invested for the last several months. I believe a little more patience is in order for longer term investors. For traders I do not believe they will have their way any longer. Judging by the venomous posts I believe guys who put this position on higher are frustrated that they could not trade out of it again and are doing what they do best POINT THE FINGER.
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