That truly is the correct question right now . F
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Posted On: 01/25/2017 6:40:44 AM
That truly is the correct question right now .
Fundamentals say it should still be back in the .03-.04s. But thats not the case because people see potential. Thats the difference between nasdaq and otc. Trading on nasdaq at 110% of earning would be silly, It does sometimes happen but it usually ends poorly. Trading at that percentage on otc seems more normal and frequent. As long as excitement and buying pressure stays high it could level off or even climb higher, for that my crystal ball is broke, but this will have life changing news in the very near future! I don't expect the quarterly to show incredible advances in sales just yet because if they had sales like that I would assume we would have had a canning PR. I do expect some increases though. I also think that in 2-3 quarters time we have sales to back up huge increases in share price.
Regardless of what we want to happen there will be short term traders trying to make a buck, I'm good with that, thats what the market was founded on. Everyones gotta eat.
If you're sold on holding and living the motto long and strong, strap in, relax, and enjoy the ride!
Long live the longs!
Fundamentals say it should still be back in the .03-.04s. But thats not the case because people see potential. Thats the difference between nasdaq and otc. Trading on nasdaq at 110% of earning would be silly, It does sometimes happen but it usually ends poorly. Trading at that percentage on otc seems more normal and frequent. As long as excitement and buying pressure stays high it could level off or even climb higher, for that my crystal ball is broke, but this will have life changing news in the very near future! I don't expect the quarterly to show incredible advances in sales just yet because if they had sales like that I would assume we would have had a canning PR. I do expect some increases though. I also think that in 2-3 quarters time we have sales to back up huge increases in share price.
Regardless of what we want to happen there will be short term traders trying to make a buck, I'm good with that, thats what the market was founded on. Everyones gotta eat.
If you're sold on holding and living the motto long and strong, strap in, relax, and enjoy the ride!
Long live the longs!
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