Post by
bullmetal on Dec 01, 2015 12:39am
GREAT NEWS - REVENUE GOES UP ALTHOUGH MARGINS DOWN
THIS IS GREAT THAT THEY HAVE SHOWN GROWTH OVER LAST YEAR. THE BUSINESS IS GROWING! THEY ALSO BELIEVE THEY WILL HIT GUIDANCE. WILL NEED TO COMPLETE THE ACQUISITION. UMPATAN SHOULD SELL OFF AND MOVE ON. OUR SHARE PRICE WILL GO UP TOMORROW IN MY OPINION.
Comment by
Umpatan on Dec 01, 2015 10:38am
your wrong, it can only go down short
Comment by
Umpatan on Dec 03, 2015 3:43pm
No. It will see 9 cents before it sees $2.00 if not by reverse split.
Comment by
bullmetal on Dec 07, 2015 12:45pm
I hope you are wrong. So far you seem to be partially right. 9 cents would be a great test to my belief in this. I don't see it happening. Great call if it happens...
Comment by
Umpatan on Dec 07, 2015 2:25pm
the support line of 19 cents is now resistance, and now that the new low of 15 cents is reached, it will only make further lows. If you see 19 cents again, I suggest you sell quick and short on the way back down to make back your losses.
Comment by
bullmetal on Dec 07, 2015 4:15pm
Thanks Umpatan but I would rather just buy in at a dime. Appreciate the advice however... I really don't see a dime on this... Management confirmed guidance for year end of 15M. Why would they do this without some knowledge... Acquisition and increased revenue have to be factors in this!!
Comment by
Umpatan on Dec 09, 2015 9:44am
Well it has dropped so far to 13 cents and made a new low. You can say whatever you want but the fact remains we will see it drop further and the drop has not ended.
Comment by
bullmetal on Dec 09, 2015 2:33pm
waiting for a dime then...