Clearly the macro potential of new software due for release in a fortnight is very strong and that alone will draw investors into PEH.
But have just noticed current PEH thread has 28,000 hits and it's a microcap mktcap of 14million!! How can this be?? Other much larger stks i follow have a tenth of the readership. It can only be day-traders (DT) imo. They must be watching the SP with their charts waiting to pounce.
What sp it needs to hit before they (DT) enter, i have no idea. But we know the big seller has left and sp now looking to recover strongly. I reckon if we can get 500k daily vols on a regular basis, which at say 20c is worth $100k.... traders will get serious. Some are big players and can move sp 10, 15 even 20% in a single session. Just needs things to come together then watch the action.
Remember even at 20c a 1c move is 5%. Some large caps can't imagine these kind of gains. Every stk has risk! My take is PEH offers med risk/very high reward.
EVS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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