Hi Guts. .005 would be outstanding, as I do not kn
Post# of 7769
Posted On: 11/11/2014 4:10:52 PM
Hi Guts. .005 would be outstanding, as I do not know of any .13 cent stocks that are profitable for the quarter if this takes place. As I have clearly stated this will not skyrocket imho as we have made a nice move the last 3 weeks. I expect plus or minus either way. However, I believe over time this will draw more people in SCRC. If we are indeed eps positive tommorrow even if its another green thats a great start. A lot of Hedge fund guys will want to see more evidence of sustainability over 2 to 3 quarters. So if we see a profit for q3 and its followed up in q4 with yet another profitable quarter I would anticipate an additional following. I do believe that some guys will take a small bite at the apple in the next 4 to 8 weeks and initiate a small amount of SCRC imho.
In conclusion: this week should make owners of SCRC far more comfortable on what they own especially if we are ever so slightly profitable that would be very good. I do not expect this to make dramatic moves as we have indeed moved approx 50% the last 3 weeks or so. However a lot of paper was taken out the last 3 weeks and thats approx 1m dollars less to go thru and less selling when SCRC decides to move higher. I believe .12 to .15 area for awhile and then when people put pen to paper over time will do very well.
In conclusion: this week should make owners of SCRC far more comfortable on what they own especially if we are ever so slightly profitable that would be very good. I do not expect this to make dramatic moves as we have indeed moved approx 50% the last 3 weeks or so. However a lot of paper was taken out the last 3 weeks and thats approx 1m dollars less to go thru and less selling when SCRC decides to move higher. I believe .12 to .15 area for awhile and then when people put pen to paper over time will do very well.
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