Ok, I'll jump in on this discussion. All of the f
Post# of 56323
Posted On: 09/15/2014 2:58:55 PM
Ok, I'll jump in on this discussion. All of the following is simply my opinion though, but, I think a conversation worth having in light of the things this board has been discussing lately with OTC's proposal.
Ok, When I spoke with H / R it was pretty clear to me that the Merger was indeed at that point dependent on the License. Also, what was to follow was the attempt to uplist and Audited financials.
That said, I think the License alone will take us to a quick spike above the 25 cents level but, below 50 cents. If we are at 6 cents on the spike and it goes to 25 I would expect a pull back from that with no other news to about 35 percent below the 25 cents which would put us around the 10 cent to 15 cent range. From there I think we will find a new support range, and move to a bullish sideways movement perhaps to 18 cents to find resistance.
I could easily be totally off on this, but, it makes sense to me to look for those numbers. Of course all would need to be adjusted if multiple announcements were made at once, or within day's of each other, which I think is also likely considering how much is going on we do not know the specifics of.
I would be hard put for any bashers to have any air at all for some time once this happens which should stabilize the pps somewhat.
If we get our Audited financials in November we should also have a grow in the mix and another on the way, so then it is just the distribution of the product which is revenue.
Then there is HEMP, Insurance, international deals, RXNB products, etc...etc....etc.....well you get the idea. GLTA
Ok, When I spoke with H / R it was pretty clear to me that the Merger was indeed at that point dependent on the License. Also, what was to follow was the attempt to uplist and Audited financials.
That said, I think the License alone will take us to a quick spike above the 25 cents level but, below 50 cents. If we are at 6 cents on the spike and it goes to 25 I would expect a pull back from that with no other news to about 35 percent below the 25 cents which would put us around the 10 cent to 15 cent range. From there I think we will find a new support range, and move to a bullish sideways movement perhaps to 18 cents to find resistance.
I could easily be totally off on this, but, it makes sense to me to look for those numbers. Of course all would need to be adjusted if multiple announcements were made at once, or within day's of each other, which I think is also likely considering how much is going on we do not know the specifics of.
I would be hard put for any bashers to have any air at all for some time once this happens which should stabilize the pps somewhat.
If we get our Audited financials in November we should also have a grow in the mix and another on the way, so then it is just the distribution of the product which is revenue.
Then there is HEMP, Insurance, international deals, RXNB products, etc...etc....etc.....well you get the idea. GLTA
(0)
(0)Creative Edge Nutrition Inc. (FITX) Stock Research Links
In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA
Scroll down for more posts ▼