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clock Created with Sketch. 20/01/21
12:21
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Originally posted by bigpelican:
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I think just because VUL dipped momentarily at $1 does not necessarily mean SOR will. A lot of people mistakenly sold at the one dollar mark in VUL and the stock quickly moved to around the $10 mark where it is right now without any revenue. Like VUL this company has relatively few shares on issue and will also move forward in healthy amounts on the right news. The thing that struck me with VUL was how there was hardly any pullbacks and any significant profit-taking was easily absorbed by investors. Granted SOR is not VUL but when there is such positive sentiment and a unique product with global applications the normal patterns of share trading go out the window somewhat.
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The Big Pelican has insightfully nailed it again. I've held off posting similar analysis for fear of being judged ramping. I've decided that perception is unfounded as, clearly, any examination of markets and product applications today demonstrates the value in a working self charging 'AA' battery far exceeds $1.
