Post by JJSeabrook on Mar 22, 2006 20:20:48 GMT -5
Wrote this in response to another post on the Traders Corner, but pretty well summarizes my thoughts on this great play right now.
One good thing is that it ended at the HOD and the volume was still pouring in. That's a good sign that it might even gap up in the morning. I think it'll see .80 tomorrow and anything above that'll be gravy. Once we hit a buck we start drawing more attention and bring a new set of investors in that will not invest in any stock under $1.00. I'm crossing my fingers that we'll hit that mark Friday. The anticipation of a big contract with China has the momentum going our way right now. I feel pretty good about it. IF they were to PR that some other country also wants a bid, it's gonna scream.
You look at the chart on it right now and it looks like field goal posts. Just needs another .07 and we can kick a field goal. LOL What I really want to see is .99. Once she gets there I can sell 1/3 of my position and be holding all free shares. That's exactly where I want to be and what I hope happens. If they come out with another PR this week, I may hold on to that 1/3 a little longer. I believe this is a good play. IF they get that contract with China we're going TO DSA MOON cause that will get us other contracts and this is gonna be a GREAT ride.
The reason I want to be sure to cover my position is because IF we submit our proposal and China turns us down flat, the PPS is going to drop like a tird in a well. I'll at least be in a position to where I can suffer no loss and salvage whatever I can as quickly as I can from the free shares I'd be holding.
I expect that the company will PR that they have submitted their bid to China and that upon issuing that PR the PPS will rise from whatever level it is at that time. IF someone else requests a bid, I'd expect a surge in the volume and PPS off that PR. IF there is no decision yet on the China bid and they PR they have submitted another bid to another country, I would think that would give another surge in the PPS upon PRing submission of the second bid. I'm just thinking out loud here about some "POSSIBILITIES." I can see at least one more surge in the PPS with the submission of the bid to China. IF it takes too long to get that bid in, and I wouldn't think it would, there's going to be some drop in the PPS, but the speculative buying on bid acceptance should more than take care of any retracement. One other thing is that I have NO idea how much revs this bid may be. IF they PR they have bid on some tiny little experimental project, or something like that, and it's a nominal amount of revs, it'll tank on that.
That's kinda the way I see both sides of the coin at the moment in a small nutshell. I could be 100% wrong all the way around, but it's what I'm thinking "could" happen right now. I'm in a pretty safe position at the moment to avoid any loss. That's just a little food for thought I'm throwing out there. Hope we all do well!
JJ :[img src="http://i25.photobucket.com/albums/c100/Eagle1x/smileys/![]()
i25.photobucket.com/albums/c100/Eagle1x/smileys/rockon.gif"].gif[/IMG]:
One good thing is that it ended at the HOD and the volume was still pouring in. That's a good sign that it might even gap up in the morning. I think it'll see .80 tomorrow and anything above that'll be gravy. Once we hit a buck we start drawing more attention and bring a new set of investors in that will not invest in any stock under $1.00. I'm crossing my fingers that we'll hit that mark Friday. The anticipation of a big contract with China has the momentum going our way right now. I feel pretty good about it. IF they were to PR that some other country also wants a bid, it's gonna scream.
You look at the chart on it right now and it looks like field goal posts. Just needs another .07 and we can kick a field goal. LOL What I really want to see is .99. Once she gets there I can sell 1/3 of my position and be holding all free shares. That's exactly where I want to be and what I hope happens. If they come out with another PR this week, I may hold on to that 1/3 a little longer. I believe this is a good play. IF they get that contract with China we're going TO DSA MOON cause that will get us other contracts and this is gonna be a GREAT ride.
The reason I want to be sure to cover my position is because IF we submit our proposal and China turns us down flat, the PPS is going to drop like a tird in a well. I'll at least be in a position to where I can suffer no loss and salvage whatever I can as quickly as I can from the free shares I'd be holding.
I expect that the company will PR that they have submitted their bid to China and that upon issuing that PR the PPS will rise from whatever level it is at that time. IF someone else requests a bid, I'd expect a surge in the volume and PPS off that PR. IF there is no decision yet on the China bid and they PR they have submitted another bid to another country, I would think that would give another surge in the PPS upon PRing submission of the second bid. I'm just thinking out loud here about some "POSSIBILITIES." I can see at least one more surge in the PPS with the submission of the bid to China. IF it takes too long to get that bid in, and I wouldn't think it would, there's going to be some drop in the PPS, but the speculative buying on bid acceptance should more than take care of any retracement. One other thing is that I have NO idea how much revs this bid may be. IF they PR they have bid on some tiny little experimental project, or something like that, and it's a nominal amount of revs, it'll tank on that.
That's kinda the way I see both sides of the coin at the moment in a small nutshell. I could be 100% wrong all the way around, but it's what I'm thinking "could" happen right now. I'm in a pretty safe position at the moment to avoid any loss. That's just a little food for thought I'm throwing out there. Hope we all do well!
JJ :[img src="http://i25.photobucket.com/albums/c100/Eagle1x/smileys/
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