Taking it to the streets. Stockhouse.com: Taking it to the street
reply post non-threaded view
The NR, the "wall" and the SP
 

Today's NR was excellent and it should help Yangaroo greatly, both in scalability and revenue increases. And for anyone who didn't think that YOO could move into the black in the next quarter, the endorsement of the new "game-changing" technology by Horizon should give them pause.

 

YOO normally should have had a nice leg up today. YOO, though, has over a million odd shares for sale in the 5 to 5 1/2 cent range. This "wall" definitely impedes buyers and is blocking stock movement.

 

The "wall" is what it is though - and all companies trade differently. In the case of YOO, it's my considered opinion that fundamentals / material changes (ie. in technology, customer base and revenue momentum, etc.) make today's valuation considerably lower than it deserves to be. That means, IMHO, that the next SP leg up will be considerably more dramatic than it might otherwise have been. That move, I believe, is inevitable - and coming fast.

 

Jim

 
 
12/12/2012 1:17:23 PM 0
reply post non-threaded view
add to favorites
 
 
 
 
Today's Feature  
 
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...