RE: RE: POYNT: There is so much info to share ... To all those who rant on about manipulation... nobody's holding this stock down.
What would be the point? Who are those for which the the stockprice is being held down?
Poynt needs to prove it can generate revenue, and unfortunately, the jury is still out on this.
Personally, I haven't seen a ton of advertisements on Poynt. (maybe I'm not using it enough).
If this quarters results don't show revenue improvement, then the stockprice will tank below 10¢.
I'm not sure if anyone else can elaborate on advertising success, as I don't check other locations.
Also, Poynt is not something that one would use everyday, like Twitter or Facebook, so I'm not sure why there are those who suggest that the market cap should be close to $ 1 billion. I'd be happy if the market cap could crack 1/10th of that level.
I'm still holding Poynt, but I'm by no means backing up the truck at this price. I'm waiting to see how the latest quarter's financials play out, which will dictate whether I continue to hold or not.
It's a useful product - but for growth in the stock-price, it needs to show stronger revenue growth.
GLTA