RE:RE:RE:RE:RE:No 45 in the future
Hi Iscfa - I'm beginning to realize (except for a few) most of the folks haven't a clue what they are talking about on this site. Let me briefly talk about R&D costs - from someone who actually has a great deal of experience working for a technology company that invests in R&D. R&D is both a labour cost and an expense - but most technology organizations capitalize and depreciate R&D over the useful life of the asset they are developing. Also - they are entitled to Scientific Research and Experimental Development (SR&ED) credits in Canada (if they pay any taxes here - they would receive SRED credits)....I won't explain - just Google it. It's too bad - these bulletin boards have a great deal of potential to share information but most are monopolized by rank amateurs who don't contribute anything other than opinion (I do appreciate those who send the occasional research report link, etc). For those who were waiting for this to dip to $0.45 cents - its incredulous to play the guessing game when this would bottom when it had already fallen 62%....basic investing would have said at some point it will bounce back up as sharply as it fell...and over 2 days its up 20%.....its like people want to make three more cents on the downside instead of making 20 cents on the upside...it never ceases to amaze me...warren buffet was right - people like us will always make money because people who haven't learned to control their emotions always succumb to human nature and sell at the worst possible time... Good luck to all - won't be posting much after this - might as well keep my research to myself and profit from it.