RE:RE:RE:RE:RE:RE:Loading the truckgcap1 wrote:
definitly looks like accumulation going on ...we might see a run to .30 shortly .......if that happens we'll probably see an update on china ...hopefully a legitimate contract glta
The only way this moves is with a good news release that has some actual sales with actual earnings that go with it. All others are "fluff" after that disastrous quarter of earnings. A "fluffy" news release may give the share price a quick lift, but then a pullback will definitely happen
As of right now we have a company burning cash at $500k per month, a crappy chart that is in a downtrend, low volume and crappy fundamentals... How many strikes is that???
I am still long here, but management has to fly home with some legitimate deals instead of just flying all over the world, shaking hands and kissing babies... if they don't a PP is inevitable. Under the current state of affairs, what would that shareprice be to get people to bite? $0.20? $0.15? I have no clue.
Time to stop riding the coat tails of all the past projects they have done, and it's time to look forward, roll up the sleeves and get to work on new projects.
Sorry folks... my brief rant is over.
Good luck longs!
FI4