"I cant see this raising being in the 10 mil zone myself. I know he said it would be 10 but one thing I know about this stock is that what PV says and what he does are two different things.
This was posted by hotwolf last week.
10mil is ALOT and would give CNN over a billion shares. I cant really see that happening either.
However if it was to happen I would hazard a guess that these guys have some very serious sales on the way.
At the end of the day you need to spend money to make money.
I am looking at a 14 year chart atm ( i dont know how to upload here). I am looking at the 2c mark over these 14 years, and also some pretty big volume (for cardia standards)since May 2009. 104 million shares traded this month already, and in my opinion from history this SP is only going one way.
Note that PV currently holds 39098123 million shares (12 million of those were issued) & 27 million options (20 million issued)
Its also interesting to note the recent success of some other current holdings.
http://au.biz.yahoo.com/finance/profile/4875
Im happy to keep buying at these levels and take a "punt". I just think that the upside to this one could be huge. If we get another announcement regarding more sales i am thinking the 2c mark wont last for long
Anyway i hope this makes sense. Please do your own research. Im relatively new to this game and these are just some things ive picked up from my research. Im sure others will have a different opinion than I.
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