Matt,
RE: "It looks like it can't grow legs and run"
(It has gone from $2 1/8 to $2 7/8 in one month!!)
RE: "The trading range is so small and it goes up, then goes right back down"
timely.com
That is know as a base after a runnup!! If you look at the chart you will see what is know as a cup and handle, with the cup forming from the beginning of march to the end of may, and the handle is the trading range you spoke of earlier!! (May to the present)!! This formation is very bullish, and once it is broken to the upside, there will more than likely be a nice move up!!
RE: "Is there anything you know of that might give this thing some ups"
Revenue, and earnings growth of approximately 200-300%, and a pe of nine!!
I have noticed that many of the stocks on this thread and many of the others, are companies that are not reporting, but have potential with some new product or feature, of someday becoming a quality company!! I used to invest in these type of companies, however there is considerable risk that they will not live up to their expectations, and the long term shareholders will get burned!! (Not to say you can't make money on these issues in the short run, especially if you buy the stock first, and then hype it on the threads and get unsophisticated investors to invest)!!! I prefer to find companies that have already established themselves, and have charts patterns that lead me to believe that a prise rise is imminent!!
Scott |
