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Abtech Holdings, Inc. Message Board

  • hollyhunter21 hollyhunter21 Sep 20, 2013 4:12 PM Flag

    Upside potential

    Looks to be setting up for an upside move. Strong buy at allotcbb website. Six months target: 0.7211

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    • This stock used to trade in a .10-.20 range on a daily basis not too long ago. I know - I traded it. Since the channel has narrowed to a few cents I am just holding the stock in a wait and see. The narrow channel indicates consolidation at a support level (.50) in anticipation of a big move in either direction. If they deliver on their contracts it will be to the upside. If they don't deliver their cash burn will wipe them out without a dilutive offering. They have promised a lot over the years - now it's time to deliver.

 
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