if they land US air force contract or any foreign military contracts and your small base will get very large quickly!
30's likely this week
market is waking up to a new momo stock growing at 100%+, with no debt, low float, innovative product.......takeover rumor is just icing. If Acuity is interested they better hurry up or this will be capitalized in the billion dollar market rather than 100's of millions
and weak demand as emerging markets, china's economies roll over and head down.
sub 30 coming
and new contracts being signed up, this should easily have a PE ratio based on next years earnings of 1.00+ of
getting their ducks in order before some good news
What highly likely happened was the brokerage firm that underwrote the secondary knew it was in the works and shorted the stock all the way down knowing they were going to issue the secondary at 1.22. Same #$%$ happened with SGYP and the SEC finally went after them for insider trading and threw the culprits in prison. SEC needs to investigate that here as well!
Time for one to pounce!
short run oil getting ready to drop below 38.00 with weak demand from china and suppliers in middle east continuing to keep spigots open full as they need hard currency. PXD's cash is running low and in need of a secondary soon.
PXD back below 110.00