ASPS will keep moving up little by little and day after day. What is amazing to me is how they control the trading so as not to create short panic covering. You know the shorts are covering every day now....wonder when this thing will explode higher.......
Seems like this stock would go to $20.......
For the fiscal year ending September 30, 2015, management expects revenues of $12.0 million to $15.0 million and net income of $0.5 million to $1.0 million.
Agree.....with a trading float this small just a few buyers could move this up big. Since there are no willing sellers after the quick move up from $3 on Monday, makes me think that this stock could take off soon......
This stock seems to want to go over $3.....just look at the trading since the beginning of the new year. Two big up days on huge trading volume. They have several late stage drugs in development. Someone has been buying into ANTH in a big way recently. I get a biotech investment letter and they love this stock (I won't even tell you what their target price is for ANTH because it is so much higher than the current price). With stocks anything can happen, but I'm betting that we see $3 before $2. Good Luck!
Yes, actually very simple....the stock was oversold down to crazy levels. They have several phase III drugs in the pipe line. ANTH will be well over $5 by the end of 2015.
NEON will likely close up for the day. Shorts will continue to play their games trying to push the price down.
In looking back at the trading on Wednesday, it seems that the shorts tried to bring NEON down several times with not much success. If it were not for the late day market sell off, NEON would have closed up much higher IMO. Every time the short attack and stock dump happened - the buyers came right back in. One never knows exactly if or when the shorts panic and drive the stock price thru the roof, but it could happen with this stock any day now.
One never knows what could happen with a stock when there is very large short position against it like NEON. Usually the short money can control the price, but not in every case. My thinking is that if NEON can get past the overhead resistance in the next few days - the price will go much higher!
You are correct IMO. I owned SGCO....it went from 1.30 to plus $4 in 3 days on no news. These China stocks trade up and down all the time for no apparent reason. CREG will go back up....just as it has been very oversold to crazy levels. IMO1.02 was the bottom.........
Thanks for taking the time. Many of the China small cap stocks have been moving up big the past few weeks on positive news events. Which brings me to SGOC, the stock price has moved up almost 40% from the bottom now and the volume started to pick up last week. Is there positive news coming soon....who knows, but IMO it likely to happen. When you see a small cap move up like SGOC did last week - it's not mom & pop buying, but someone who knows far more than anyone on this board. I will say that if SGOC has either good earnings or news about the e-commerce partner, the stock price will likely go much higher than many may expect.
Opened at 1.27....why did you not buy? New 52 week low in fact!
I have 2 black eyes on this one...will hold until much higher prices get here.......the stock is badly over sold and will move back over $2 with any good news.