Data Deposit Box Inc DDBXF

RE:RE:RE:RE:Sorry guys...

[london4083]

No offense to anyone but I do not think anyone of us can predict the near-term future of this stock with 100% certainty. I was at HCG stockhouse when Warren Buffet took a major stake in the firm at 9 dollars a share and the stock was trading at 14 $ and everyone on Stockhouse was predicting that the Share price was diluted and it will tank the next day but what really happened was that share price went to 19$ next day..

That was the lesson learnt for me that we people here on Stockhouse cannot be certain of market sentiments

I do agree that 35 cents could be a higher price for this stock but it might be a justified price in future if the management is able to sell the newly developed products and generate revenue. The company has spent years developing these products and we all know that these products have potential. I use VPN every day to connect to office network from home and millions of people use it every day to connect to office from remote location and there is a huge market for this.

Similarly we all use web version for 'Microsoft Office Outlook' which has a limited storage and a web email archive could do wonders for multinationals..

Now I do understand that these products are recently developed and will need a robust marketing and Sales team to generate revenue

In my opinion, this company is highly undervalued at these share prices if they are able to generate good revenue from these products

Most of the retail investors bought the shares at current or above current price and the only people who are still making profit selling at these prices would be shorter or scared investors... 

The share price might go down further to 8 cents if the madness continues but it won’t fall down further because even the warrants were issued at 7 cents and insiders would not had consumed all the warrants if they do not see a bright future ahead as remember insiders are not owners but employees and they won't spend their salary on a stock if they do not see potential

If anyone of you wanted to sell to buy back at a lower price then you should had done this earlier but at this price it would be very risky as share price might start reverting very soon

GLTA