RE:RE:Destiny Invester123 wrote: People are way too concerned about the share price these days.. The SP means absolutely NOTING in today's market as it does not accurately represent the true value of the company. As long as the company is making money and can afford to pay their own bills it is not at any risk of going under. Once the whole market calms down then the SP will start adjusting and eventually will get to where it should be but that is still few months away..
Invester123 it is a physiological thing, much easier to sleep at night when the SP is $.95 cents versus $.45 cents. These days it is not enough to just be making money, these companies must be profitable to get noticed by both retail and institutional investors. Except for the insiders and those who currently hold shares, nobody gives a rats azzz about RHT or many other potentially good companies out there. I mean you are correct from a stand point that if one wants to hold until things get better, when ever that may be. I personally think a few month's is wishful thinking and the microcap space will be the last to recover.
Lisa's own words many month's back during an interview, " focus on the financials of this company" Great advice and she would be correct, of this we should all agree. The problem is that we are not there yet, Lisa needs to pull a rabbit out of the hat with its arsss full of money, then the institutional boys will come calling for many shares. What has the relationship with Cognizant done so far? On the surface it would appear not much.