I have to disagree that SETO will be a "major pump and dump. Most if not all "pump and dumps" are performed on the many "cheesy" non-reporting pennys that promise yet another technological miracle breakthrough or cure for cancer with none or negative profits, a number listed at the local 7-11 phone-booth spewing out a tedious serious of "non news" release that try to arouse the passions of the "Bubbas and Jakes" to part with their hard-earned income.
SETO is a real company, with real products, with competent management, with consistent EARNINGS, (they actually make money quarter after quarter), they report, their news releases are relevant, and the management are, as far as history has proven, are "straight-shooters". The only fault SETO had was their "story" was not promoted very well, however, I believe that has changed, as today has proven.
I'll make a humble prediction that SETO flirts with the $5.00 mark by the end of the week and then stabilizes around the 2-3 range. I do not believe we'll see the .40 price for the foreseeable future.
PS.
God, I hope I'm right.
An early SETO band-wagon member. |