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In response to a few P/M's asking my opinion, here goes my best guess..... This revolves around the SB2. I figure it will be deemed effective sometime in October, and this is the time frame I have always given.... There will be a pump on the stock, but I don't know the power of the push, use this time to make some money or bail out of the issue (unless you really believe they are going to be a success) I originally thought the push down would go to .25-.35 per share. That's because if they go much lower than that, there is a real problem and I don't mean with the market, I mean with the company. I find the silence from the company ammusing. There is no "silent period" or anything else to keep them from commenting on the market. They have made the decision not to say anything. Very weak. This stock will turn, unless the MM's permenantly bury this thing. I think shareholders should force the company into a shareholders meeting (This is expensive, but can be done) and raise some hell. Look at past press releases and you will find McFool Meighton said they would have one - a year and one half ago. Call him on his promise. Also, calling in your certs does NOTHING to stop a short, I don't care what you read or who you talk to, in these small stocks it is a waste of time. This company has failed in the following ways: No shareholder communication, revenue projections that as of this date have not been commented on, financing representations on the last CC that were clearly misleading and a host of other issues that are NOT in the best interest of the shareholders. Make up your own mind if you want to own the stock. As a trade yes, as an investment, why? |
