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SCII stock's price is built upon one brick: HYPE!
THERE IS NO SUBSTANCE. There is no backing. Its all hype and a currently small float.
Sure institutions have purchased this stock, but only based on technical trading patterns. When you have $10 bln to invest in small companies, you have no time to get the story straight. You spread your money among a thousand companies and SCII, due initially to hype, scored high on mechanical screens.
This is simply a vicious circle that will soon be broken by factual information. Sensar the company releases no news, because they have nothing positive to release.
Perhaps you'll notice how they released anything and everything before, promising websites, updates on testing, online demos, etc., etc., etc.
In fact, they have produced nothing. No progress or results.
Don't be suckered into this scam. Yes, the share price increased but only due to short-term mechanical reasons.
THIS BALLOON WILL SOON POP! |