RE:RE:RE:RE:Just Steps AwayWow!
I show you a visual of PREV trading at a 3 year low.....and you call it 'summer lows'? Wow!
I show you that Asterion is NOT making their monthly Sol-Gel acquisition payments to PREV.....and you say Asterion is going to commercialize Sol-Gel? Wow!
I show you that PREV is broke and has no funds for R&D....and you call the bleak situation -- 'near term cashflow'? Wow!
Stock.....turn out the lights when you leave!
Stock514canada wrote: 1. It is now breaking throught a 3 year support level; there is no volume; The support is being is being tested for the 3rd time. Will it break? noone knows but personally I don't think so. A stock going down on low volume is really not bad. We're at the summer lows .. new money will come soon. 2. trading below all major support indicators
Usually people don't check the moving avgs on penny stocks but since you wanna argue about that , have you seen aurora's moving avgs? Period | Simple | Exponential |
MA5 | 8.06 Sell | 7.95 Sell |
MA10 | 7.84 Buy | 7.90 Sell |
MA20 | 7.74 Buy | 7.91 Sell |
MA50 | 8.41 Sell | 8.49 Sell |
MA100 | 9.67 Sell | 9.00 Sell |
MA200 | 9.63 Sell | 9.43 Sell |
Buy: 2 Sell: 10 |
3. the company has a Class Action Lawsuit against them That's really not a big deal. The comany is not guilty until proven. and even if we're guilty, we'll have to change all the directors and managment team like BE did. Investors wont lose more money because of that. 4.
600 million shares fully diluted
Who cares about the number of shares.. You always have to look the market cap.. We're at 10M$ now and the sol gel only is worth 5M$ (no deals yet). Only reason why you see 600M shares is because we did a 5x split. Or else we'd have 120M shares.
5. Zero cash?
Well we're a research and development company...almost every project is coming to an end and that will bring in the cash flow. 6.selling off asset (s) ?
We didnt sell it to a random company just to get the money. We are partners with Asterion. They will help us commercialize the product.