this is a tremendous hyperbolic rise in share price.
Is it possible for this stock to continue rising
even without earnings ????
Is there any documented case of a stock going from 3 cents to above one dollar ???
input would be appreciated.
Let's not forget that in early 2007 this stock was at $3.67 and that was without any of the strong activity we have been seeing. A lot has changed since then. This is real and unfolding before our eyes.
Hansen's went from $.05 to $1.80 between April or 03 and 04- and then we know where they went from there- not to mention the 2 for 1 and 4 for 1 splits.
I agree...this stock saw over $3 based on absolutely NADA!!! Its a whole different ballgame now...its real...the next few weeks/months should be incredible. I have been a shareholder for a very long time....good things come to those who wait...hang in for the ride...
I share your sentiment but the vast majority do not. Technicals say sell, but I guess they do not matter. This is why I took the plunge this morning at .47, eventhough this Pos is worth half that at best. My apologies to anyone who followed my advice yesterday. Hopefully, I do not sink the ship with my purchase.
Disclosure: Ladybug is long 22K shares @ .47
While a move of this magnitude may appear unsubstantiated, I feel that market participants are pricing future growth into this company.
It's only a matter of time before CSUH trades in MDL (aka 'Multiple Dollar Land') and is a hundred million dollar company.