Eye on Load up at 24-26Well momentum is one way to describe it I guess. There are tons of momentum plays which i donot consider myself to be - CASHFLOW is king to me and if it is gaining momentum with cashflow then hey (two for the price of one) I really really thought ART would deliver the goods in Q3 and Q4 (Q4 yet to be determined, but I doubt 2 mill will be achieved). It was all lined up for sucess and obviously it was not their time to slaughter the space.
WIthout cashflow a company can falter and badly. They appear to not have enough OR just barely to eek on by qtr after qtr with dilution and debt inevitable. THAT I DONT LIKE.
Now GRN just signed a $10 mill contract and have a backlog of $690 million in contracts and are in a rapidly growing space (with a share float of 100 million- same as arht) . You call that a momentum play? Thats a no brainer IMHO
If ART had those kind of prospects now or in the forseeable future would that be momentum or a smart investment. You would all be tooting your horns saying I told u so , I told u so.
I still think ARHT is investable and will consider loading up at 24-26 BUT i need to see those cashflows.
I invested in GRN @ 38 cents because i believed i could see where that industry was going. And I also believe i see where the Hologram industry is going.