RE: RE: Question etobicoke I read your earlier posts and agree with your analysis.
I am also looking at the long term potential of this play. There is no way for any of us to predict the bottom - for we will all be purchasing at those levels.
I have anchored myself in this play at a slightly higher level than the current trading price (today) and I will patiently wait. I don't know much about investor psychology and traders can react sometimes in the most unpredictable manner. It is difficult for me to place my financial well being in the hands of investor sentiment. So I have made my decision to accumulate and hold.
Maybe management can do things a bit more efficiently. But I can't point my finger and make any specific suggestions. We have a good product and are marketing now in India.
I may be wrong but I don't thing the Indian figures are all that strong at the moment. However I am confident that it will pickup over the next few weeks - timesPoynt was launched 186 days ago and I am really patient because I know that when the market recognize the value of this company the SP will quickly appreciate in value.
I have more confidence in the 20M users that CYL has promised at the end of August 2012. The Chinese mean business. They are market shakers and movers.
I feel confident with this play. Everyone should do their own DD and invest only if they feel comfortable.