"We need a strong announcement involving contracts, m&as or revenues. The MC is too high still based on the initial promise so we need to start seeing some substantial news / results."
Yes - something I tried to point out regarding the market cap for a company with $100-$200k in annual revenue. The risk is to downside (like most speculative investments) if the market turns and 'risk' gets turn off by investors/traders.
Share prices sitting right on the 50 day moving average - which way will it go?
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"We need a strong announcement involving contracts, m&as or...
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