GREY:VVVFF - Post by User
Comment by
profitinvestoron Jan 25, 2010 9:07pm
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Post# 16717637
RE: RE: news - Q2 2010
RE: RE: news - Q2 2010Barbazan, the rumblings out of Versatile are that demand for their product line-up is beginning to turn across the board. Even a product such as their kiosk that seemed to die along with the financial meltdown is enjoying a resurgence. I do believe that the revenue slide has indeed found a floor, next few quarters should see a pretty good uptick.
It's still interesting that they are continuing to add more shares of EQS, i am still trying to figure out what the strategy there is. If it was just for investment purposes they could have invested their 3 million in morethan one equity for diversification. The fact that they didn't leads me to believe that there is more to come on that story too.
No matter how you look at it, at this level its a safe bet for a double to triple in the short to medium term.