TSXV:SSC.H - Post by User
Comment by
stocktalk2on Mar 07, 2007 7:46pm
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Post# 12376293
RE: Your Wrong..morgan
RE: Your Wrong..morganI have no bone to pick with anyone. You have done well with this stock because of your entry price. That's good for you, my point, and I think a few others is, this is not a great entry price based on the data regarding the financials, or the product at this point. You also have to remember that this product has been around long before the public company came to own it. I believe if the company was growing both in sales and profit at the rate of growth in the stock price, they would have had to pay a lot more for the technology than they did.
The financials indicate that it would take mega growth just to take the stock up to it's current trading level. Based on the history of the product and financials, I cannot see that happening.
With regard to the usage saving, it's not 2 or 3% vs 30%. The tests show that ESM at peak is consistently at 2 or 3%. At none peak it varies, at least in these tests, at around 6 to 8%. Now is it possible for the ESM to show under ideal conditions, at non peak usage, a savings of 30% for a short period of time, yes it's possible, but that's why and how the testing shows that real savings is about 6 to 8% and around 2 to 3 % at peak. As shocker said, there is a lot of language to interpret to come to an accurate picture. Let's not forget this is a junior company, they are going to promote the most positive picture they can.
Just read what the testers said about the company's claims. Oh, and BTW, the testing was done by the Oak Ridge National Laboratory ( U.S. Dept of Energy ).