RE:Short-term Expectations
I have deffinitely thought that as well. I dont think this will go back down to the .20 levels but worse case scenario is i see us trading sideways in the low .30 to .40 levels for some time. which may be simliar to how we were trading last year when it went from .42 to about .11 cents .
I dont think this run up is due to the upcoming financials but more or less the expectations that the company has set out at the end of the year. I have learned to not underestimate the market for both bull and bear scenarios. But the stock has already gotten beat up so much that I know its less likely to fall back down to old lows. The momemtum and technicals point upward and IF there is any disapointing news or financials it may only delay things by a few weeks or months but the market knows to price everything in, and it seems that we are headed for a bullish scenario as this sector is somewhat speculative.