RE: RE: RE: RE: RE: Before trusting anyone on thisconditionredblu - here's my thoughts.
INT is an awesome trading vehicle for those with the experience to call it right - and that has been proven both ways. There is a lot of money to be made on trading this stock yet. As an investment, I see a fledgling company with unproven management that has yet to prove they have the goods to deliver on their market valuation. They will have to start generating positive or near positive cash flow and demonstrate that they can convert their user base to growing revenues if they are going to regain trust in the capital markets - and they are going to need capital. There are valid concerns as to the value proposition of their lead platform - Ortsbo. Management has not been transparent and as a result, those doubts have festered and will continue to do so. It is not a company that I would make a long term investment in at this time, there are just too many questions to be answered.
Anyone holding or buying for the long term are taking a leap of faith. In my eyes, the risk does not justify the potential rewards at these valuations. At 70 cents, they are still a $170,000,000 company bleeding cash on minimal revenue. It's going to take a lot of clicks to make that up with ad placements.
Their user growth is positive, but they are not viral as has been claimed. Should they actually go viral, I'll re-evaluate. For now, I'll trade the swings and accumulate free shares. Currently I am on the sidelines waiting for a momentum shift but trading intraday swings.