Me neither. The stock market is unpredictable. It might very well end up at 5cps.
On the other hand, I also would not be surprised if the stock prices doubles. For example, off good news on Monday, or even without news. We were 24c only a few weeks ago and we have reached a key support level on the graph.
The company is positioned well given their affiliation with the US Navy. US is looking to construct more ships so there are opportunities out there. Also, we've seen expansion into other sectors.
I mentioned earlier that the stock price has dropped on very low selling volume. People are neither selling nor buying, so the stock price does not represent what a large portion of the market considers is fair price.
The fundamentals are solid. They are on 32 million cash. They've tripled their revenue over the last half year account. I maintain they are well positioned to take advantage of the current opportunities across the US sectors they're playing in.
AL3 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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