posted
This one may not be a huge winner, and may not be a winner at all. There has been some insider buys lately at $1.10, and the 52 week low is $1.10. It's currently at $1.49 and 52 week high is $9.00
Financials suck, no revenue...but looking at the chart RSI is at 33, MACD may cross soon with a positive CMF, and with some insider buys...im thinking maybe we can see this bounce, but I won't touch it till I see a reversal. Just something to keep an eye on.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
Well I was under the impression from one of you guys that insiders kind of set up a date in advance as to when to sell. That was back in November. Recently if you look at the form 4's there have only been insider buys. But remember this is more of a bounce play at some point, not ready for entry yet
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by stocktrader22: Well I was under the impression from one of you guys that insiders kind of set up a date in advance as to when to sell. That was back in November. Recently if you look at the form 4's there have only been insider buys. But remember this is more of a bounce play at some point, not ready for entry yet
Yes, but it was a private placement, not a sale on the open market.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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posted
What are you guys thinking now on this?.. This looks to be a good long term if the product works the way they want it too. Could possibly end by-pass surgery in the distant future. With insiders holding a large chunk and it being at all time lows, this may be worth throwing a few bucks at...
-------------------- "Well, what do I do now?" Posts: 7 | From: Camano Island, Washington | Registered: Dec 2006
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