RE:RE:Truthlogic, I'm not here to pick up any cheap shares as ITruthLogic wrote: Really, you think this 9 cents stock has more chances to go to 3-4 cents than 15-16 cents??? If so, short it! Come on. Join the tiny 1% that are shorting this stock (or maybe you already are and that explains why you are bashing it at t *these* levels ?!?)
I'm long. The value of this stock is 26 cents, so discount half because of the financial issues and , that's 13 cents. That's a very nice gain from there and the new management appears to be doing everything right.
Not sure where you take the 3-4 cents predictions from. You can't back that up so it's a worthless opinion. Now, as for the previous stock price, I can't comment because I wasn't tracking this stock before it had the FABulous train wreck!
I'm a value investor trying to weed out the hype from the opportunities on the Ventures. I value this stock at 13-26 cents so anything above that price might have been an exit point for me without any additional news. Would hold as the good news continues to flow in. If I rode it down, I would have exited at 28 cents and would be buying right now with all the info we have.
On the short term, I see a lot more buyers than sellers lining up so that means likely some positive days ahead.
I agree and you are correct
more buyers then sellers here...and the buyers will wait
the buyers that bought this are all waiting to flip
0.25 and i am out...as i feel most are...unless there are some LONGS still
this is a pure spec value play
it could go either way to 0.25 or to 0.03
so lets just see
and don't feed the trolls