Looks like it's a good stock to short/place a put the day after tomorrow. The stock looks like it has over-reacted but I believe it could carry on its upmove momentum in the next session, but just barely though
I have some reservations regarding the technology.
#1 is limited distance. Looks like it's about a 3 foot range
#2 Each device has to have a receiver. Have no idea how big these are, but it would have to be incorporated into the device itself, IMO, to have wide appeal.
#3 Technology does not look that complicated...no big barriers to entry?
This Co. does not have any products in production.
those calls we bought , sweet 500% intraday winna
In the meantime, I'll ride the rocketship. Hope it doesn't blow up while I'm on it.Past 2 day stock ascent way overblown in my opinion. Once people wake up and realize that the technology is pretty sh it, it will sell back down to $20.