Closed at .0268 Up more than 23% on above average volume of 51 million shares. Well over a million in value traded hands. Trades appeared to achieve more of a balance, 3 buys for every 2 sells.
This thing has been in an upward trend for 5 weeks, since February 17th when they won the patent re-examination & shows no signs of slowing up. That has ignited speculation that licensing deals may be forthcoming & has fueled the resurgence of this stock.
We should see some dips periodically that should be viewed as buying opportunities. Who knows, maybe we get a correction tomorrow. In any event there's still time to get in!
On April 3rd there will be a pre-trial hearing on NEOM's patent infringement suit against Scanbuy. If Scanbuy settles my guess is that this thing could see .25 near term. If news of licensing deals begin to appear we will go through twenty five cents with ease.
Overall,,,,Outlook bright!
Sentiment,,,,Very Strong Buy!