posted
This bull has just turned the corner to run upwards again. I picked some shares at 0.06 four(4) days ago when it was tumbling down from 0.16. It really feel down hard due to the Board ordering internal investigation from irregular trading patterns. I can sell now until I make money, but let's see where it's going next.
Posts: 602 | From: Minneapolis | Registered: Jul 2009
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posted
I am not sure, but it may jitter a little before it should back up. I should have waited to pick up more today at 0.0225. Oh well, that's the nature of the unknown.
Posts: 602 | From: Minneapolis | Registered: Jul 2009
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posted
Good Luck here guys. This company makes NO Revenue at all and for 200M A/S and a similar O/S, the pps is kinda high IMO.
From the Q:
Revenue and gross profit/(loss) for the three months ended September 30, 2009 were $0 and $0, respectively. The Company recognizes revenue when product is delivered. Normal profit margins on Company products range from 30% to 50% on averages sales of units.
This is basically a shell play and most shells trade in low deuces.
posted
revenue is one thing, but activity is another. the company has been active on what it does, thus laying grounds for future revenue and profit. last november ending this same company or the so called shell was 0.16. the bottom of the shell is now and the call to play is on. this morning, i picked up a few shares to what i am currently holding. the asking is now at 0.027. let's go get it for the long. remember to do your own research before you play.
Posts: 602 | From: Minneapolis | Registered: Jul 2009
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