RE:RE:RE:good newsI agree and disagree.
I do agree that supply/demand is what moves a stock for the most part, with some manipulations from the big banks involved.
But I disagree that there is no interest. This stock has interest but it's just in an accumulation/distribution phase after the big run up it had. It's setting up for the next leg up. Stocks have to pull back to give entries and that's what people are doing at this level.
The stock has interest because look at how many people ask about it on BNN now. People call in all the time asking an analyst their take on it.
Once these guys get to 1000 screens, this stock will be over $1 because the licensing revenue that will come in on 1000 screens will be significant and will represent solid cash flow. Investors will see this, and the stock may go absolutely nuts by then.
1000 screens - Michel Paquette said he expected that many by end of Fiscal year which would be March. Perhaps a few large Chinese theater orders and we got ourselves something big on our hands.
And then ADD all the other stuff they are doing. This company has so much potential.
The only reason why everyone is upset here is because the stock went to .78 cents and has pulled back alot. Well, what if the stock never went that high and only went to .55 cents on it's run up. Then we wouldn't be complaining right? At .78 it went to far to fast.....this is a nice correction and entry point for investors.
Think of it this way.