Undervalued Mystified as to why there is no interest for this stock at 15 cents or higher. Debt will be quickly wiped out when operating at full efficiency (company stated later this year).
There seems to be some resistance above 15 cents, giving the company a valuation of $100M.
Who are these sellers and why are they choosing now to get out? They've probably been waiting a few years, so why not hold off for a few more months when the price will probably be 50 to 100% higher?
It's not insider trading, coming from free float.
I think the only thing this stock needs is a few more investors looking to make 200% to 300% return in less than 12 months, in exchange for some moderate risk.
Can we get some more analysts on this stock, perhaps? Only two following it now (Buy and Strong Buy ratings).