Worried with this run-up, the expectations are too high. Moves like this usually don't fair well after the numbers come out. Unless really good numbers, the Shorts may be trying to set up for a move down.
Well, I was right with this. It got ahead of itself. If we don't finally see increased revenues next Qtr, this is headed lower. Without more speculation or news, now stuck in a limited range for 3 months until then
revenue needs to increase over 50% in the next 3 to 6 months to just breakeven ......wont happen
and if they are unable to raise more capital to survive its gameover.... dont think the pps is stuck , it will hit new lows in the coming months on its way to o.oo first stop .24
Yeah, a pullback could be in order, but ultimately the market will get it right. Nothing ever moves in a straight line, this could pullback to the mid 40s. consolidate, and still be perfectly healthy and still in an uptrend. Hopefully the numbers impress, but if the short term traders want to overreact, then I'll be looking to scoop up some more cheapies.