I can appreciate the excitement but I was also excited May 27th 2011 when the stock was at $4.67. At that point it topped out for the year and begun a decline that lasted till December 16th 2011 and a stock price of $1.78.
Maybe they plan on taking this thing to $5 or $6, but $5 makes it a $675 million dollar company and $6 makes it a $810 million dollar company and the company is only generating $10 million in revenues along with $17 million in quarterly losses. The company is on pace to lose $55 million dollars. Ladies and gentlemen you do what you want but I wouldn't make that bet not after what happened last year. A pullback to $3.50 makes a lot more sense then a run to $4.50 so good luck with your investment just remember nobody ever went broke taking a profit.
Also take a look at what happens in September, November and December.
10 years never profitable and the share count has grown exponentially. They now also have $30 million in debt.
One thing I learned over the last 26 months was that if you listen to Tradestoxx, Greatday, Jeandoyon, Wekillshorts, Rootbound, or any of those other clowns is you will wake up broke and spend many months and even years trying to get your money back.
I think they will try to sell more calls into the losses report and even a few days after before proceeding to take her below $2.50 for Aug option X. They will make as much as they can doing this in lieu of bottoming the stock out and accumulating more shares to take it back up again.
We could easily get back to $300 million market cap in the third week in August! Earnings on Monday and share price reaction will set the tone for the share price for the rest of the year. If they are bad then we already know there is no revenue catalyst to change the situation. We could see another financing at premium interest rates or dilution and Evergreen ATM to get through the winter. Tutes will be loaning shares and shorting to make their money. They almost always make their money or hedge well to lose less money unlike the lying pumpers slithering around this message board.
The bashers are the good guys. If they convinced anyone to sell higher then they are saints compared to these pumpers. That is for certain.
C'mon $250 million market cap! Woops I meant $300 million. Need a dose of share price reality!