Assuming Share Price is being manipulated to keep the price in the vicinity of the proposed JV share placement price of $1.20 - which seems to be likely given all they joyous announcements we have had, with little movement - what do you think will happen to the shareprice, should the JV be accepted on 01 Oct? Also, does anyone want to share what they think the SP will be by the end of 2009?
I am normally short term trader, but I think this stock is converting me. I have quite high expectations. Given previous valuations by other HC members on this stock recently calculated, as well as the story of where this company is at, I feel $4.5 is achievable within 2 years. Am I wearing rose-coloured glasses? All opinions welcome.
RFE Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
