We are in a consolidation phase and creating a new bottom. This will slowly work its way higher with the support of revenue growth and a larger # of institutional supporters. June will be the last time you will be able to buy this stock under $1.05. Next summer we will be trading 40% higher. In 4 years we will be more than triple the current price. Accumulation phase
P/S of 10 on a company that is increasing sales by a multiple of 4 in the next 4-5 years is cheap. This has to move if it even comes close to its internal targets and analyst sales expections. The ? is when. Accumulation on weakness will be rewards but may take a few months. In 1 year we will be in the $1.50 range. In 2 years at over $2.00.
needs to hold the low 90 cents area for double bottom or could mean trouble, i started position at 1.03 and will add in low 90 cent region for finished long position. this is certainly a high risk investment given the number of shares, market cap, price, and competition.