Hold if you already have a position. The jump was made on high volume, the climb down on low volume. I'd say it's consolidating. If you don't have a position now, it would be a good time to add.
No news = consolidate. Little News = consolidate. Good news = +/-5-10% daily moves tops Amazing news = ...no limit, similar to the last two weeks.
The shares that were purchased during the private placement (1.2 million at .01/share) are eligible to be sold. 120 million shares that can be sold...scary.
We're in the same boat my friend. Looks promising, I can admit I'm a bit nervous about this upcoming January.
No risk? What about the shares sold for a penny back in July that can be sold in January. I bet those shareholders can't wait to sell...
No idea. All depends if anything is commercialized. If they don't commercialize sometime early 2014, I can see price going all the way down to .06 or lower. If they continue to churn out positive news and don't have to dilute share value again, I see this going to .20+ before 2014. If they start selling their product, particularly for a profit, I think the possibilities are in the low dollar range.
Yeah, I figured I was a bit too hopeful, so I changed my order to 4.75. Just missed it...so I just put a market order in this morning. Still lookin' good. Thanks for your input. Do you have any sources where you get your information other than 10Q's/10Ks?
Sentiment: Strong Buy
Have a recommendation when to get in? I've been watching this stock for a couple months now and missed the pop.