RE:RE:Wow! this guy calling Medivolve at $48 No stock goes up overnight. It takes time. If you look at my old posts, my target was and is the end of April. I will reevaluate at that time. Short time price does go up and down as for accumulation, shorting or other reasons. I don't know about you, but short term price does not anything to me. Sometimes even I get frustrated watching this manipulation.
All I want to see is the progress they are adding more testing sites, more revenue. Look, December revenue was way less with 22 collection sites. January was better, with 32 collecting sites and the Kinross deal bringing $11.6 million. February is already better, with 62 collection sites operating and probably doubling the revenue compared to January. By the end of February, there will be 107 collection sites up and running.
So, every month is bringing more revenue is a positive thing. Nothing to be down anyone trying to manipulate MEDV stock price can't do it forever. The same thing happened at .17-.20 cents. Look, we are trading now .50 cents plus. I don't know who is selling these many shares. It can be one of the companies they acquired, a short-selling or manipulation. They can't do this forever.
They are starting advertising on tv for collection sites. testbeforeyougo.com is in the local news media almost every day, and that probably creates more awareness. What I see is a matter of time before one of the update clicks and MEDV will be trading over $2.
Just find a company that makes $25 million in revenue per month with a projected EBTIDA margin of 55%. Then check the market cap for that company to see where Modivolve should be trading.
CerealKiller wrote: Are we sure he didn't mean 48 cents? ;-) Unfortunately, it's likely that's what we're going to see today.