Richard, from a technical viewpoint this stock looks quite ill...It broke under the 200 day moving average on Friday by closing at 3.34..The 200 day moving average sits at 3.36....The lower envelope price sits at $3.15...If the stock takes that price out, I would get out..The upper envelope sits at 3.85...If the stock would have a volume of between 80,000 and 100,000 and take out 3.85, I would be a buyer...The 20 day volume average sits at 67,355, and the 10 day volume average at 52,250....The stock appears to presently be stuck in a sideways motion...I have a relative price strength of 47 on my indicators...Insiders have not sold any shares to my knowledge so that is good...I believe Keith Rhodes owns around 712,000 shares and John Babish 348,000, Nelson Campbell 285,00, Colin Campbell, 112,000...These figures are not as accurate as Gabelle's....My momentum indicator, MACD, and On-balance volume remain negative....
I will do some more reading on the products of this company so I might give a fundamental perspective...I like what I have read thus far about AndroVirPN355.....Regards, Mark |
