I don't know whether or not the shares will go up or down in the short run. I only believe that buying shares in this company in the hopes of them going up can only be described as "the greater fool theory" in my opinion. Look at the SEC filings. There is virtually nothing that could be described as being worth 30+ million dollars in my opinion at this point in time. As I read these documents it seems like management is the only group that currently benefits. Check out the "rent" that they pay for their office....which they actually appear to rent from themselves or their other partnerships/corps that they seem to control. Check out the other SG&A. It all makes for interesting reading in my opinion. Invest with caution!
I doubled my money here on last run. I bought back this week again on years low pps, to make money again. I am not following fool theroy. I just play swing trades. Most of the times I am spot on with my predictions.
I can give u some nice picks. Check out VICL, BPAX,