Just to show you how fast a stock price can rise:
Last month another company VMRI, skyrocketed from .22 cents to .67 cents in four, count them, FOUR days. That's a .45 cent increase in less than a week.
The crazy thing is, VMRI has had NO REVENUE...EVER. Don't believe me? Read the filings. And yet, the share price jumped to .67 cents. If and WHEN SCIE reaches .67 cents, many of us would probably call our bosses and tell them, "Ya George.. ya.. um, I quit".
Crazy right? Spectrascience has had almost a MILLION DOLLARS IN SALES IN LESS THAN 4 YEARS! VMRI jumped to .67 cents NOT because of a SEC filing.. but because of a PRESS RELEASE.
Investors went berserk over the PR. Image what will happen when SCIE, a company that has had a MILLION DOLLARS IN SALES IN LESS THAN 4 YEARS releases just ONE PR or SEC filing at the right time. We would probably OPEN at .67 cents.
So the point of this post is, while sales are important, in the world of OTC, all it takes is just one PR to change everything. A company doesn't even have to have sales to land over .50 cents PER share.
Although this isn't investment advice, if a company with NO SALES can get to .67 cents, how can SCIE not??
And if you're asking, 'then why is SCIE currently under a penny?' In my opinion, I believe its because investors know the company is real. Investors know the product works. Investors know it has FDA and CE approval. Investors know SCIE owns patents, works with Duke, had another acquisition in previous years, and attends countless meetings and conferences every year. This makes SCIE very transparent and more importantly, REAL. Companies which skyrocket to .67 cents when they have no revenue typically end up crashing and burning. But because SCIE is so real and transparent, investors (especially long term investors) want long term profits. They don't want a .67 cent pop only for it to drop. They want a .67 cent pop, and then a $1 pop, and then a $3.43 pop, and then a $6 pop, and then a $21 pop.. etc etc. And this only happens by allowing the company to build, and build, and build, until its ready for real sales. After sales start, we'll never be down here again.
Not investment advice.
Last month another company VMRI, skyrocketed from .22 cents to .67 cents in four, count them, FOUR days. That's a .45 cent increase in less than a week.
The crazy thing is, VMRI has had NO REVENUE...EVER. Don't believe me? Read the filings. And yet, the share price jumped to .67 cents. If and WHEN SCIE reaches .67 cents, many of us would probably call our bosses and tell them, "Ya George.. ya.. um, I quit".
Crazy right? Spectrascience has had almost a MILLION DOLLARS IN SALES IN LESS THAN 4 YEARS! VMRI jumped to .67 cents NOT because of a SEC filing.. but because of a PRESS RELEASE.
Investors went berserk over the PR. Image what will happen when SCIE, a company that has had a MILLION DOLLARS IN SALES IN LESS THAN 4 YEARS releases just ONE PR or SEC filing at the right time. We would probably OPEN at .67 cents.
So the point of this post is, while sales are important, in the world of OTC, all it takes is just one PR to change everything. A company doesn't even have to have sales to land over .50 cents PER share.
Although this isn't investment advice, if a company with NO SALES can get to .67 cents, how can SCIE not??
And if you're asking, 'then why is SCIE currently under a penny?' In my opinion, I believe its because investors know the company is real. Investors know the product works. Investors know it has FDA and CE approval. Investors know SCIE owns patents, works with Duke, had another acquisition in previous years, and attends countless meetings and conferences every year. This makes SCIE very transparent and more importantly, REAL. Companies which skyrocket to .67 cents when they have no revenue typically end up crashing and burning. But because SCIE is so real and transparent, investors (especially long term investors) want long term profits. They don't want a .67 cent pop only for it to drop. They want a .67 cent pop, and then a $1 pop, and then a $3.43 pop, and then a $6 pop, and then a $21 pop.. etc etc. And this only happens by allowing the company to build, and build, and build, until its ready for real sales. After sales start, we'll never be down here again.
Not investment advice.
2
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
