RE:RE:RE:RE:RE:RE:RE:May warning. Thanks for your detailed feedback! Maybe you are right. Time will tell us.
I thought that really solid major news with a possible trading halt would make a change regarding the valuation and the market would react accordingly with higher price levels than $2.50. What´s your opinion about possible major news? Do you count on that? Do you involve such events in your thinking?
Brad753 wrote: I think by end of May / early June we will see $2-2.50 again. It's hard to say if we see a new all time high. I think a lot ppl who originally bought in at that $2 mark, and are still holding, will want the cash out and be even, especially after seeing this dip. There are also ppl flipping this stock, like me... Who will also cash out again at that price. So in other words, a lot of resistance at that price. If we saw $3+ it would be very very short lived and would cause another tumble to the $1.50 mark. The market cap would be way too high, the company would be very overvalued and the bigger investors would cash out, even the insiders ( we saw a little of that last round). Id like to see us at $2 and steady. It will happen by end of year I think but we will see a jump in May/June as I mentioned. It may even come earlier but I feel confident for May/June.