Mattyedw. Quite frankly, your prognosis is quite depressing when...

Mattyedw. Quite frankly, your prognosis is quite depressing when it reinforces some posters' views that this company is being treated like a punting commodity by "big boy" traders with heaps of cash.
Again, I can't see any "results" proposed in those announcements that the company has put forward and I'd much prefer to believe what Intelinvest and TraderRR are suggesting and that there is some substantive reasons why the SP is progressing.
There were single buys of over $100,000 on Tuesday in a total of over $1.5 million and to think that they were based on TA and by "big boy" traders would be really quite disappointing.
I would rather suspect that such sums on what you correctly describe as a "penny stock" are based more on fundamental "knowledge" than pure expectation.
This company already does have those strong bases , "platforms", to launch it into a very serious and substantial company and I'd prefer to believe that those significant trades are and were based on that principle than one of pure speculation. Just my thoughts.