By
admin on January 17th, 2012
Hope you are watching the pre-market action on CTON and DROP, we are already looking at some wild trading today.
Amazon.com is receiving a high demand on DROP’s Enerjel product just released to the public this month. Overwhelming so, that the product quickly flew off the shelves and sold out. Product is being quickly re-stocked and looks like this will be hard to keep it on the shelves. This is huge news and an early indication of the large demand for their product.
CTON is definitely getting noticed and is showing it in pre-market action. With their low float structure of only 580K/7M outstanding combined with close to $500K in cash tapping into a multi-billion dollar industry, investors are realizing how big of a steal it is at these prices. We continue to buy CTON at these levels with long term views and price target of over $0.50.