RE:From the sidelinespikeroo_007 wrote: I do wish Star a lot of success. Their technology is a must in today's Big Data Environment. With that being said don't get caught up in the excitement as this company came very close to cease to exist. Bigger technology providers have a better chance of success than this small fish. It would be prudent to stay on the sidelines until Star stock has demonstrated continued success. Today's announcement has shown immediate success to improve it's shareprice by an astonishing 75% from 2 cents to 3.5. Retail traders then got excited and started buying in droves. I would question why the shareprice then got sold into all the excitement to knock it in a hair above 2.5. I certainly question this price action. Be careful and patient. Paying a premium is ok for a safer play. Star show this man, the success of more contracts and an apreciative shareprice and let retail then move in a safer manner pushing the shareprice higher. This is not yet a sound investment. Not in my books.
you are correct, this company almost did cease to exist, but that was because of the previous ceo who is out of the picture now. that guy wanted the company to fail. everytime he received a purchase order, he put it through the paper shredder!! there are many shareholders that don't know the whole story and just want out of this. once they have all sold out, this will move up. and once we have these few ADS units installed, and others see that they work,,,, orders will come flooding in. by that time the sp should be a lot higher than 3c. JMO. this is not the same company as a few years ago, completley different CEO agendas.