Kind of funnyNot too long ago APP traded in the 22-25c range for two weeks or so and people were complaining that it was stuck, probably dead money. Some guys like Simon and Tezzy warned it's not what you think to hold on or add.
Then it happened again at .33-35c range. Back to $.05c, it's over, P&D and so on. Now we have the same scenario in the .76-.82 range which yet might tighten up as consolidation is organically happening but again the negativity is starting.
As was true at .25c and .35c it all comes down to will the Company deliver what they say they can? Not just visits, potential opportunities and colourful news releases but starting in February cash flow and either profit or beginnings of a trend towards profit.
At that point, you can get your calculator out and be looking forward 24 months determine the cash flow and profits and shares outstanding to set yourselves a target.
I think if they deliver $1.25-1.50 is possible in February. if they don't it will sell off slowly as people move to either new start-ups or companies that are delivering.
Right now it's better than anyone hoped for and doing exactly what you would expect, notwithstanding a bomb of a news release one way or the other.
JMHO