GREY:MCTYF - Post by User
Post by
swingtime2on Mar 04, 2007 7:01pm
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Post# 12352748
Recent Quarterly Results
Recent Quarterly ResultsLike any company with a great idea it takes a lot of money and consideable quarterly losses before the stock gets any revenue traction. I own and would certainly add in the .20s but at the current price there is a ways to go before we see profitability. This recent little run up to the .50 range was unusual in that the volume was very tiny. Almost as if insiders wanted to do a share offering around .50 and they had to justify it at this price. Someone kept the price up for a few weeks. The quarterly results I think has brought price down to reason. I think this one will eventually fly, as the product makes sense, but the time horizon is a year or two at least.