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Technology Stocks : Applied Energetics, Inc.
AERG 1.880-2.1%Dec 29 3:59 PM EST
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From: longshott7/22/2013 4:58:40 PM
1 Recommendation

Recommended By
Zoro99

   of 512
 
stock price "support" at $.02 ??? approx. 350k shares bidding for shares at that price at end of todays session. Website has been updated and streamlined. Link to Laser Light Technologies is still on website re USP lasers and LIPC still viable with ARDEC.Corporate expenses under control and cash burn predictable.At $600k cash burn per quarter,AERG will exhaust funds at end of 2013. Plenty of time to sell,merge,aquire,borrow,and strategize.With their large tax loss carryforward and the patents protecting possible transformational technology,$.02 seems a bargain.Another significant "tell" of notice is the nearly 5 million share block that traded this month in one trade at $.0195.I think "somethings up"...with AERG..and I mean in a good way! Comments please.
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