Nice confirmation of what we knew/suspected. It feels like a rubber band scenario - the fundamentals are trying to pull the SP upwards, but the trend is overriding that and taking it downwards. Reality is being stretched to the limit. If they keep stringing together more and more +ve 1/4's there will be a real slingshot effect on the SP. 4 1/4's = 2 years. Somehow I think it will take around the 3 years for the fundamentalists (institutions) to start to really believe this is sustainable growth. The risk to them is that it is "fad" growth - the honeymoon of new ideas. If just one of the really big retailers got on board, which essentially would legitimise the products commercially, then that would be the required SP game changer IMHO.
In any case I'm with you guys - still buying - 100K @ 9c.
SBW Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
