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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting
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To: Ted M who wrote (800)5/13/2011 5:34:10 PM
From: NAG1  Read Replies (1) of 1056
 
Ted,

Thanks for the link. The numbers are interesting. Never good to see declining revenues and increased costs. But in this case, with new products on the way that have been well received as well as the increased costs related to bringing the new products to market, I will give them some leeway.

If they can announce some nice contracts proving the attractiveness of their new products, that hopefully will get things moving in a positive direction again. Until then, I think we will continue to see some contraction of the share price. From memory, there appeared to be a gap that needed to be filled and I thought there looked like there should be some support in the 10-11 cent range.

Neal
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