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Luna Innovations Incorporated

Luna Innovations Incorporated (LUNA)

2.80
0.04
(1.45%)
Closed April 18 4:00PM
2.70
-0.10
( -3.57% )
Pre Market: 9:09AM

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Key stats and details

Current Price
2.70
Bid
2.70
Ask
2.80
Volume
7,909
0.00 Day's Range 0.00
2.36 52 Week Range 10.6977
Market Cap
Previous Close
2.80
Open
-
Last Trade
95
@
2.8
Last Trade Time
09:08:44
Financial Volume
-
VWAP
-
Average Volume (3m)
425,628
Shares Outstanding
33,958,641
Dividend Yield
-
PE Ratio
10.25
Earnings Per Share (EPS)
0.27
Revenue
109.5M
Net Profit
9.28M

About Luna Innovations Incorporated

Luna Innovations Inc is active in advanced optical technology business. It provides high-performance fiber optic test, measurement and control products for the telecommunications and photonics industries; and distributed fiber optic sensing solutions that measure and monitor materials and structures... Luna Innovations Inc is active in advanced optical technology business. It provides high-performance fiber optic test, measurement and control products for the telecommunications and photonics industries; and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, energy, oil and gas, security and infrastructure. The company's Lightwave segment develops, manufactures and markets distributed fiber optic sensing products and fiber optic communications test and control products. Show more

Sector
Coml Physical, Biologcl Resh
Industry
Coml Physical, Biologcl Resh
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Luna Innovations Incorporated is listed in the Coml Physical, Biologcl Resh sector of the NASDAQ with ticker LUNA. The last closing price for Luna Innovations was $2.80. Over the last year, Luna Innovations shares have traded in a share price range of $ 2.36 to $ 10.6977.

Luna Innovations currently has 33,958,641 shares outstanding. The market capitalization of Luna Innovations is $95.08 million. Luna Innovations has a price to earnings ratio (PE ratio) of 10.25.

LUNA Latest News

Luna Innovations Announces Restatement of Financial Statements

Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that its Audit Committee of the Board of Directors (the...

The Gross Law Firm Notifies Shareholders of Luna Innovations Incorporated(LUNA) of a Class Action Lawsuit and an Upcoming Deadline

The Gross Law Firm Notifies Shareholders of Luna Innovations Incorporated(LUNA) of a Class Action Lawsuit and an Upcoming Deadline PR Newswire NEW YORK, April 19, 2024 NEW YORK, April 19, 2024...

The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Luna Innovations Incorporated (LUNA) Shareholders

The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Luna Innovations Incorporated (LUNA) Shareholders PR Newswire NEW YORK, April 16, 2024 NEW YORK, April 16, 2024...

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 31, 2024 in Luna Innovations Incorporated Lawsuit - LUNA

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 31, 2024 in Luna Innovations Incorporated Lawsuit - LUNA PR Newswire NEW YORK, April 9, 2024 NEW YORK, April 9, 2024...

Luna Innovations Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written notice (the “Notice”) on...

The Gross Law Firm Reminds Luna Innovations Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 31, 2024 - LUNA

The Gross Law Firm Reminds Luna Innovations Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 31, 2024 - LUNA PR Newswire NEW YORK, April 5, 2024 NEW YORK, April...

U.S. Index Futures on the Rise, Oil Prices Show Stability

U.S. index futures are showing an uptrend in pre-market trading this Tuesday, with investors keen on driving a recovery that had previously lifted stocks to their all-time highs, looking to...

Luna Innovations Announces CEO Transition

Richard Roedel Named Interim Executive Chairman and Interim President Operations Committee of Board Established Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in...

Luna Innovations to Delay Release of Fourth Quarter and Full Year 2023 Financial Results

Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced it will delay the release of its fourth quarter and fiscal...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.02-0.7352941176472.722.922.367450592.63377429CS
4-1.32-32.83582089554.024.062.365822142.95325995CS
12-4.4-61.97183098597.17.922.364256284.0318596CS
26-3.21-54.31472081225.917.922.362928614.73898909CS
52-3.79-58.39753466876.4910.69772.362518716.13180305CS
156-8.73-76.377952755911.4312.992.361970557.26093915CS
260-1.52-36.0189573464.2213.052.362131867.24496767CS

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LUNA Discussion

View Posts
Monksdream Monksdream 3 weeks ago
LUNA new 52 lo
👍️ 1
Mactheriverrat Mactheriverrat 4 weeks ago
bv xx b b v x v bb
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fritz27 fritz27 1 year ago
Luna has so many growth areas to address (oil/gas drillining, stress detection on bridges, levees, ocean side apartments, aircraft. Revenues and margins are improving and earnings are finally may experience sustained growth. P/E likely to expand significantly. Maybe.
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whytestocks whytestocks 3 years ago
News; $LUNA Luna Innovations Inc (Old) (LUNA) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. Luna Innovations Inc (Old) (NASDAQ: LUNA) Q3 2020 Earnings Call Nov 9, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: Luna Innovations Inc (Old) (LUNA) Q3 2020 Earnings Call Transcrip...

Got this from LUNA - Luna Innovations Inc (Old) (LUNA) Q3 2020 Earnings Call Transcript
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whytestocks whytestocks 4 years ago
News: $LUNA Luna Innovations Inc (Old) (LUNA) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. Luna Innovations Inc (Old)   (NASDAQ: LUNA) Q2 2020 Earnings Call Aug 6, 2020 , 5:00 p.m. ET Operator Continue reading

Got this from LUNA - Luna Innovations Inc (Old) (LUNA) Q2 2020 Earnings Call Transcript
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ClayTrader ClayTrader 4 years ago
* * $LUNA Video Chart 11-20-19 * *

Link to Video - click here to watch the technical chart video

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whytestocks whytestocks 5 years ago
News: $LUNA Do Analysts Think You Should Buy- Luna Innovations Incorporated (NASDAQ:LUNA)

Luna Innovations Incorporated (NASDAQ:LUNA) reached at $5.45 price level during last trade its distance from 20 days simple moving average was 9.28...

Got this from Do Analysts Think You Should Buy- Luna Innovations Incorporated (NASDAQ:LUNA)
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Flanker100 Flanker100 5 years ago
Luna is killin it!
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whytestocks whytestocks 5 years ago
News: $LUNA Luna Innovations Reports Strong Fourth-Quarter and Fiscal-Year 2018 Results

Fifth consecutive quarter of year-over-year, double-digit revenue growth Total revenues of $13.5 million for the three months ended December 31, 2018, up 37% compared to the three months ended December 31, 2017; total revenues of $42.9 million for fiscal year 2018, an increase of...

In case you are interested https://marketwirenews.com/news-releases/luna-innovations-reports-strong-fourth-quarter-and-fiscal-year-2018-results-7795534.html
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whytestocks whytestocks 5 years ago
News: $LUNA Luna Innovations Acquires General Photonics, A Leader in Characterization and Control of Light for Photonics Applications

Acquisition will accelerate growth in Luna’s communications test segment Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that it has acquired General Photonics Corporation, a Chino, California-based leading...

Find out more https://marketwirenews.com/news-releases/luna-innovations-acquires-general-photonics-a-leader-in-characterization-and-control-of-light-for-photonics-applications-7795530.html
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Flanker100 Flanker100 6 years ago
Luna Innovations Reports Strong Fourth Quarter and Full Year 2017 Financial Resultshttps://finance.yahoo.com/news/luna-innovations-reports-strong-fourth-200000255.html
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Flanker100 Flanker100 6 years ago
http://flip.it/0sLqcI
Luna is mentioned in working with this group.
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Flanker100 Flanker100 6 years ago
Luna Announces Fourth Quarter 2017 and Year-End Financial Release Date of March 20, 2018https://finance.yahoo.com/news/luna-announces-fourth-quarter-2017-164000408.html
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Flanker100 Flanker100 6 years ago
Luna Innovations Incorporated Reports Third Quarter and First Nine Months of 2017 Financial Resultshttps://finance.yahoo.com/news/luna-innovations-incorporated-reports-third-210000955.html
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Flanker100 Flanker100 6 years ago
Scott A. Graeff Named President and CEO of Luna Innovations
https://finance.yahoo.com/news/scott-graeff-named-president-ceo-130000023.htmlhttps://finance.yahoo.com/news/scott-graeff-named-president-ceo-130000023.html
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Flanker100 Flanker100 7 years ago
Luna Innovations Incorporated Announces Stock Repurchase Program

Source: Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Board of Directors has reinstituted the Company’s stock repurchase program and authorized the repurchase of up to $2.0 million of Luna’s common stock. Luna’s prior stock repurchase program expired on May 31, 2017.

“Reflecting our continuing commitment to building shareholder value, this new stock repurchase program provides us with additional flexibility to utilize capital meaningfully and productively,” said My Chung, president and chief executive officer of Luna.

The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, share price, trading volume and general market conditions, along with Luna’s working capital requirements, general business conditions and other factors. Under its share repurchase program, the company may, from time to time, purchase shares of its common stock through various means, including open market transactions, privately negotiated transactions or tender offers. Open market repurchases of common stock may be made pursuant to trading plans established pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, which would permit common stock to be repurchased at a time that Luna might otherwise be precluded from doing so under insider trading laws. The $2.0 million share repurchase authorization expires on September 19, 2018 (unless extended), and does not obligate Luna to purchase any shares. The authorization for the share repurchase program may be terminated, increased or decreased by the Board of Directors at any time.

The stock repurchase program will be funded using Luna’s working capital. As of June 30, 2017, Luna had cash and cash equivalents of approximately $10.3 million. As previously announced, on August 9, 2017, the company completed the sale of its high speed optical receiver business for $33.5 million, of which $29.5 million was received by Luna upon closing of the transaction and $4.0 million was placed in escrow.

Luna had approximately 27.7 million shares of common stock outstanding as of June 30, 2017.

About Luna:

Luna Innovations Incorporated (www.lunainc.com) is a leader in optical technology, providing unique capabilities in high speed optoelectronics and high performance fiber optic test products for the telecommunications industry and distributed fiber optic sensing for the aerospace and automotive industries. Luna is organized into two business segments, which work closely together to turn ideas into products: a Technology Development segment and a Products and Licensing segment. Luna’s business model is designed to accelerate the process of bringing new and innovative technologies to market.

Forward-Looking Statements:

The statements in this release that are not historical facts constitute “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include the company’s expectations regarding the timing, amount, methods and funding sources of future repurchases of its common stock. Management cautions the reader that these forward-looking statements are only predictions and are subject to a number of both known and unknown risks and uncertainties, and actual results may differ materially from those expressed or implied by these forward-looking statements as a result of a number of factors. These factors include, without limitation, changes in Luna’s stock price, the trading volume of the company’s stock, the nature of other investment opportunities presented to the company from time to time, the company’s cash flows from operations, general economic conditions, and those risks and uncertainties set forth in the company’s periodic reports and other filings with the Securities and Exchange Commission (“SEC”). Such filings are available on the SEC’s website at www.sec.gov and on the company’s website at www.lunainc.com. The statements made in this release are based on information available to the company as of the date of this release and Luna undertakes no obligation to update any of the forward-looking statements after the date of this release, except as required by law.



View source version on businesswire.com: http://www.businesswire.com/news/home/20170920006251/en/

Luna Innovations Incorporated
Dale Messick, CFO, 1-540-769-8400
IR@lunainc.com
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Flanker100 Flanker100 7 years ago
Looks like Luna had a very good year. GLTA!
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Yourstomine Yourstomine 8 years ago
Jumped on at .88 waiting to see what happens
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MC2 Atlantis MC2 Atlantis 8 years ago
Something is up. Insider buying along with the buying back of shares.
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Yourstomine Yourstomine 8 years ago
Is the sleeping GIANT about to wake up ? Maybe VERY SOON?
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Entendance Entendance 9 years ago
Luna Innovations (NASDAQ:LUNA): Q2 EPS of -$0.10 Revenue of $10.03M (+91.8% Y/Y)

My Chung, President and CEO of Luna Innovations.

Thank you, Dale, and thank you all for joining us today...


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Entendance Entendance 9 years ago
LUNA Sell-Off In Luna Innovations Provides Compelling Entry Point


here


<...Summary
•Luna Innovations is a little-known micro-cap on the NASDAQ that produces high-tech sensing systems for advanced equipment industries.
•2 months ago, it officially merged with Advanced Photonix Systems.
•Arbitrage selling due to this merger has driven the share price down to irrational low levels.
•Stock clearly bottomed at $1, a strong support level.
•The upside here is a probable triple-digit gain, up to 200% within 12 months.
A sell-off unrelated to the underlying business often creates a temporal case of significant mispricing in micro-caps. Acquisitions, mergers or lock-up periods ending could ignite relentless selling pressure from arbitrageurs which could last for days or weeks, depending on the trading volume and the interests at stake.
...Why did the stock sell off?...>


Greetings from Fred & EntendanceInvestors Beach!

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$$$TOCK 007 $$$TOCK 007 9 years ago
added some
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stock1ace1 stock1ace1 9 years ago
Volume *
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stock1ace1 stock1ace1 9 years ago
Watch for volune ;)
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stock1ace1 stock1ace1 9 years ago
Bids at 1.75 premarket !!
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Big_Money_Upward Big_Money_Upward 9 years ago
ty for the reminder
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stock1ace1 stock1ace1 9 years ago
Gap up and run?
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stock1ace1 stock1ace1 9 years ago
**** Breakout alert ****
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Penny Roger$ Penny Roger$ 10 years ago
No hurry is a hindsight one.
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nocpimping nocpimping 10 years ago
Thanks. I will take a look.
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nocpimping nocpimping 10 years ago
Thanks. I will take a look.
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stock1ace1 stock1ace1 10 years ago
Ride Down Lol GAP in Trap Today
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Penny Roger$ Penny Roger$ 10 years ago
New ride today. $LUNA woke up!
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Teegs Teegs 10 years ago
Nice movement today but... What is driving it?
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Big_Money_Upward Big_Money_Upward 10 years ago
form 4s after hours. insiders getting some free shares for their yearly bonus.
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bioresearcher bioresearcher 10 years ago
I like this stock and their business. Waiting for volume come in
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Big_Money_Upward Big_Money_Upward 10 years ago
Fiber Optics - i wounder how long until the big Google Fiber things brings some attention to the sector


notes: discovered by weekend scan.
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styl styl 10 years ago
definitely a base here short term at 1.60...........and looking to break 1.90
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styl styl 10 years ago
today it seems to be basing above the 1.60 mark and slowly making a new bottom to potentially jump higher from there.


what this company needs for swing traders to stay in this investment is a contract anouncement from one of its other two subsidiaries.....or a buyback anouncement to make this move legit.

are they highering any new engineers?? the ones that went with the sale of the sensing company..........were they the same ones working on the other two sub depts? that could be problematic if so.............but they'd have to be outright fools to have done that.


anyway........this wont hold short term here if theres nothing brewing in the other depts..........the milestone payment says there has to be some commercialization reached......sales related i guess........and that could be a looooong time.
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styl styl 10 years ago
today it seems to be basing above the 1.60 mark and slowly making a new bottom to potentially jump higher from there.


what this company needs for swing traders to stay in this investment is a contract anouncement from one of its other two subsidiaries.....or a buyback anouncement to make this move legit.

are they highering any new engineers?? the ones that went with the sale of the sensing company..........were they the same ones working on the other two sub depts? that could be problematic if so.............but they'd have to be outright fools to have done that.


anyway........this wont hold short term here if theres nothing brewing in the other depts..........the milestone payment says there has to be some commercialization reached......sales related i guess........and that could be a looooong time.
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styl styl 10 years ago


this stock didnt have follow thru like most stocks in a buying program for a FUND...


so what was all that spurt buying about all in one shot upto the 1.80's two days ago?


my guess,,,,,,and i do mean GUESS.......is that its likely that Management with its new cash..................getting word from its ex employees on the progress of the sensing technology and potential milestone payment in the future looks good going forward and therefore the company would be trading at a cash discount to its future cash holdings...........so why not implement a stock buyback program if you felt that.

and if thats the case......their strategy might be to buy it in spurts upto the 1.80 range until further progress.....let it drop on its own and buy another spurt back to 1.80 again..

kind of how aapl just did themselves....they didnt run it up all at once.......they did their buying in stages so it didnt runup back to 550 all in one day and then have it drop on them when they were done buying.

Just my opinion.

question is.......can a company start a massive stock buyback without a shareholder notice or are the REQUIRED to say how much and when? I guess it depends if they own 51% of the company or not
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styl styl 10 years ago
i dont want to HYPE a stock just because i own it and that it might benefit me.........................but the fact is for all to see....that we havent seen volume this impressive since 1/22 when they sold the subsidiary and all that chaos was going on..........

this is such impressive volume without significant news other then the fact that this has lots of cash to hold it over and IF they get that 18 mil extra they are waaaaaay below their cash, that the only viable outcome is this goes higher tomorrow.............

will it kiss $2................most likely.......it was in the mid 1.80's today so why not??


if the nasdaq drops 5% tomorrow that might keep this from moving higher, but if there is an institution set on buying this upto a certain price point for their fund,,,,,,,then this will still go higher.

that 18 mil extra means we see 2.40's..........but i dont know exactly upto what deadline we qualify for that.......I assume we are still some time away from that point if and when it happens
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bioresearcher bioresearcher 10 years ago
Watch $2 test tomorrow
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AnG5640 AnG5640 10 years ago
GO LUNA GO!!!!
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styl styl 10 years ago
possibility#3

If the company sold one of its subsidiary..........then why wouldnt it be open to sell the entire company for the right price.......this MAY be a sale of the company in the works or even a hostile takeover for a company with history and cash in the bank............maybe less likely then the previous two possibilities but still viable.

if so.....why not 2.50 a share..or in that range
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styl styl 10 years ago
yup.......i was right.......a bit early to the party but that simply means i got more drinks at the bar.............and now im drunk with happiness...........


so whay is this moving up so much higher today with little to no news....

besides this stock being a beautiful addition to anyones value play,,,,,,,,,this is either one of two things.


institutional buying from a small cap micro fund for the great low risk investment play it is trading near its cash and growing business....

and / or

the milestone payment looks like its going to happen and thats whats making this go 20% higher on no news.......if that 18 mil milestone payment happens we are talking about a stock closer to 2.50 a share


good luck to all
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styl styl 10 years ago
this stock definitely wants to go higher....

am i right or am i right?



check the 5 day chart........it pops here and there with a good spike in volume on the upside.......

a few more trading days and it will be above 1.60 plus...

defintely a floor around 1.40

i personally like this because of the limited risk with all its cash,,,,,,and maybe another 18 mil on the way
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styl styl 10 years ago
good choice mr miami


i'm glad you made some cash.........now its my turn to make some cash on this swing play.........why dont you buy some under 1.45 and make a nice 30% to 40% within 2 months or less...........
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AnG5640 AnG5640 10 years ago
Dear LUNA, YOU SUCK!!!
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