Unfilled gap between 3.25 and 4.30. My personal long term (several year) price objective.
MACD and Stoich looking good.
They are sooooooooooo close to signalling buy.
Were loss of 1 cents compared to loss of 6 cents a year ago. The squirrel post about a Q4 profit is wrong. He obviously cannot analyze a financial statement which would easily explain how they were cash flow positive in Q4 (hint the word begins with an "i"). I would not be surprised if he is actually buying the stock. Alteratively he is a disgruntled Canadian employee. Note how he identifies with the company by use of the word "we" and his use of Candian/European spelling "harbour".
its the Bollinger Bands which determine the price range. Its hard to break out of the range when the BBs are relatively far apart as they now are. Its easy to break out when they are close together. Right now the upper BB is a litlle over 30 cents which triggers MM selling.. This means nothing for the rest of the year. The stock will be driven by results period.
About to flash buy. First time since the downturn.
In daily trading, low floaters are manipulated by the MM. I think he is trying to fill the gap at $1.60 before resuming upmove. Plus it looks like they have commitment for additional financing at that level. The financing will be needed to fund their 2013 drilling program.
Turnaround should evolve over several Qs which is good. This is no longer pump and dump stock. It is buy and hold for potentlaly significant long term gains. This assumes cost control and revenue growth. Its not clear when revenue growth kicks in. My opinion only. Not investment advice. Everyone should do own DD and decide for themselves.
Thanks for comments. How did you arrive at $100M for P3? Thats quite a hurdle.
Potential = 100 bagger. A cure for MS is awesome if they get there. I'm new to stock. I have a portfolio of stocks - some of which are very high risk/reward never committing more than a few % to a given stock. Its worked for me over the years.
They will need funding for P3 study. My guess is additional equity which usually causes temporary drop in share price. The question is from what level. Perhaps good news to increase price before the dip. Do you advise getting in now or waiting until after financing?
Huge overhang.
you really should listen to the CC. No dilution this year. Last Q, they generated cash. They actually hired salespeople and are incentivizng them and distributors based on sales. They will now focus on growing sales while living within their means.
Targeted growth while controlling costs. Modest spending on selected initiatives and gauging the impact of this spending on GM before spending more. Breakeven point about $20M. Jones Natural (clear beverage with fiber and low sugar) - Cali launch including Whole Foods.
Beware of size on both bid and ask side and near term momentum. The MM uses it to create vacuum on either upside or downside. It has huge impact on low float stock.
The company is definitely on the right track. Only lost a penny a share during the weakest season. Looking forward to the summer.
The market is saying that they have - or at least have a good idea.
Or is is something else Fresnius administered?
PEG? other?
Look for range between 2 and 2.5 for a while. Longer term breakout catalysts: announcement of either well known CEO, sales of noncore assets and regional rights, buyout by larger company. revenue growth, FDA approval.
Longer term breakdown catalysts: revenue drops, FDA rejection
Beware of pumpers and dumpers.