watching from the sidelines for the finance to be discounted, to base an entry case.
the grade of the DSO wont mean much to the chart. The chart will represent the belief that funds = a path forward, and trusting in the companies views to develop.
Now the truth doest matter so much, As long as there are believers, who see the sails in the wind, they will pay more for it. And that for mine is an exit. - more important in a short term trade, is the entry and the exit for mine, and if they arent right, i avoid.
I watch the mouses taking small bites of the cheese, but that represents in my view a mid level , somewhere above the discounted finance, but not as high as it may spike when those who fund the finance may create a pump afterwards.
Watch the wizards behind the curtains. Its not magic. Its just a lot of strings.
AVQ Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held