ASC 6.67% 1.6¢ adultshop.com limited

Adultshop set to rally again

  1. 80 Posts.
    Any thoughts on this stock? I've been hearing a lot of whispers (multiple brokers and other forums) that this stock is vastly undervalued and that the institutions are about to jump on it.

    Some short term estimates that I have heard for this stock put it around 0.75 - 0.80 . But after last weeks spike it seems to have settled down a little bit (However, it's still being very actively traded, but the number of buyers and sellers seems pretty even).

    Should I buy in at these prices or will it go lower (looks like the mass of support is arount the .30 mark).
 
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