GREY:LFDEF - Post by User
Comment by
skelterhelteron Apr 04, 2016 11:03pm
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Post# 24730595
RE:Skelter and Prop...
RE:Skelter and Prop...No problem night, I understood it to be a typo.
I also agree with your sentiments regarding Prop's post.
However, as bullish and overweight as I am I do think there are a few things against us in the short term, namely:
(1) Bad earnings
(2) Negative news on IRIS
(3) OptiSar; not one MOU converted / contract signed yet
(4) UrtheDaily; is it necessary for a full viable product offering? If so, more execution risk both on tech and sales
(5) Much larger float than last year with many burned investors
A lot of that goes away with a bunch of converted contracts and today's announcement is very positive in that direction but I don't know if serious money will come back in before it happens. I'm happy to wrong here.
Moreover, I would venture to guess that Canadians are pretty much burnt on this stock for a while and it will likely require foreign buyers to recognize the value. I would call that a great buy signal if/when it happens.