Urthecast Corp T.UR

RE:RE:RE:RE:RE:Price retreat or climb tomorrow?

[Wsaks00]

Prop, further to Urthebest's comment the other difference at the start of that downtrend was the issuance of new shares, which to me was the company admitting that the share price was overvalued and decided to shore up the company with more cash while the market rebalanced and reconsiderd true value. From there I think momentum, fear and lack of progress on the MOUs has scared investors away. I think it's much more likely at this point as we are very close to our year low than high, that this stock has little downside.

As the company revenue ramp up continues people will slowly stop valuing this solely on potential. Soon it will be valued on earning, assets and potential, which will have a much higher ceiling than potential alone.

Although I do not have 100% confidence in where this stock is going just yet, the call yesterday, in particular the conversation about prioritizing other opportunities over the ISS cameras is exactly what I As a shareholder want to hear. They've identified a weakness and moved on to bigger and better things. The cameras on the ISS were a stepping stone that got them to the table. The question is what can they do now that they are at the table. Still waiting to see the MOU fallout. Opening up to the US market too would be a boon.

im riding the wave with you, and I'm going to maintain my patience.. At least for now