do you think the market is interested if you buy or your reasons?
you just keep watching the price until you get the PR you're waiting for...it's already happened.
and please explain exactly what you mean by "the audit is published as completed"? when the company makes its 10K filing, the audit is by definition completed. look in the 10K and on the page before the financial statements you will see the Report of Independent Registered Public Accounting Firm from McGladrey indicating that the financials have been audited.
the company historically not have its quarterly financials audited.
you have no idea what you are talking about...you are waiting for something that is not coming, because it's already happened.
you can go away now.
You are correct...too much thinking. Over the past two weeks there has been a new form of pump/dump going around - the perpetrators latch on to low float/poor liquidity stocks. Yesterday was simply the day they picked LTRX.
Watch for shares to find their way back to $1.85 over the coming weeks. They may make another attempt to push it higher again, but make no mistake it is a form of pump/dump and shares will end back where they began, if not slightly lower.
Just dabbling in it to build a long-term position. Longer-term we all know rates have to rise. With rates so low right now, any upward move in rates is going to decimate bonds. So, longer-term I'm confident we'll once again see money market rates of 2%, 3%, and 4% - magnitudes higher than the 0.01% standard today. Should be very good for TBF as a hedge in the portfolio.
Don't fall for it...
$0.80 ... 1,610 ... OTCBB ... 13:09:10
$0.8001 ... 1,610 ... OTCBB ... 13:09:10
$0.82 ... 1,110 ... OTCBB ... 12:31:59
$0.82 ... 500 ... OTCBB ... 12:31:42
It looks like they're just going around to most any penny stock with low float or low daily trading volume.
ORBT got it today as well as API. GIGA got it yesterday.
I think for us, the way to play it is to watch it as the dump is taking place. Once it goes below where it started the pump, then it becomes interesting as it's technicals taking over...the momo folks are looking to get out fast and don't care how far down they drive the price. Once they are out, there should be a good entry point to catch a rebound back to where the shares started before the pump began. GIGA began the dump today - if it goes below $2, it might be interesting...need to watch for when the volume settles down.
PDEX volume picked up a bit today...something may be coming...trying to get more shares below $2.05.
Yesterday afternoon, I was watching/waiting on ULBI for shares. When the bid/ask went to $3.28/$3.30 with 9500 shares on the ask, I hit the buy button for 5,000 shares at the ask. I think a HFT system was sitting/watching. I'm clicking the quote refresh and almost instantaneously 34,000 shares trade ahead of me at $3.30 ( confirmed it was a single trade), my 5,000 shares go to the bid and I get just 243 shares. Mind you, for the prior 30 minutes there were no trades, just the bid/ask moving around - and only 6,500 shares had traded all day before that.
certainly with this list of heavy hitters, along with publicity surrounding this, and word of mouth amongst the participants and others in the space, considering the miniscule market cap which ITI carries, someone will be making an offer for the company in the not so distant future.
CEO was extremely reserved in his characterization of things in the press release highlighting full year comparisons when the fact is that company posted a profit of 2 cents/share for Q4 and sales and earnings are rebounding extremely quickly...in excess of Zack's already updated estimates/model that was revised in April.
Take this opportunity to acquire (more) cheap shares...I'm looking for shares to be double current price at this time next year. Zack's will update their report soon, and I expect it to be very positive on current progress and forward outlook.
Sure, whatever you say. How were your profits as SGMS went from $7 to $10? Mine are locked in while you lost. Not wasting any more of my time on you, too busy making money. BYI is just a 6 month high yielding CD in my portfolio...no reason to even pay attention to it.
I am not denying the company has performed well over the past 18 months since the shares were at $4 and $5. However, we all know the market looks forward - quite possibly all the greatness has already been priced in, the peak at $25 was reached and at this time is looking towards the next valley? For whatever reason, with the shares about 50% off of where he last sold, Hayward sold almost five times as many shares now. That's quite significant. I am not going to simply look past it. I have owned shares since $4 and $5, luckily/successfully sold/bought at the current price and higher, but will not play here. Good luck to you with your position.