Hi AriKirA
As the old saying goes"Stocks do not sell for what they are worth,but what people think they are worth".
Pyng is trading about what it traded for a year ago,plus or minus.
Since then as you know, we have had many positive news releases ect,but here we are at$2.00.
The question is,if the military did not choose FAST1,as its first choice,would Pyng still trade for around $2.00. Would it still be a undervalued company that possessed good potential for growth?If however FAST1 was the only choice for the military,investors would naturally feel a little more secure,and this would reflect in the share price.
Unfortunately we are not in that situation.However the odds that Fast1
will be selected,seem to lean in our favour,and like all speculation, that is the best we can hope for.
Regards GWB |
