daytrades nov 29 afternoon, page-120

  1. 1,831 Posts.
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    Yes i do expect a spike in the SP today in both price and volume. This news has been awaited for over 10 months... and in all honestly has superceded my expectations.

    It is also anticpitated that there will be further announcements re: distribution of the product towards the end of the year and January 2011. These announcements will be company making announcements and will see a MC of around 25 - 40Mil IMO.

    A MC of $25mil will mean a SP of 2.3 - 2.7 cents (pending option dilution).

    Hard to do TA on this stock but FA suggests a run and so does pre open.

 
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