RE: RE: RE: My apologies to Thian airgoddafi we are looking at Poynt from absolutely different perspectives.
The charts will not assist us in determine the intrinsic value of Poynt (in particular). Like you I use technical and fundamental metrics when selecting most of my plays. I have three exceptions and Poynt is but one of them.
Yesterday I added another 20K at 0.09$ and I purchased into the asks. Why? I did not wish to stand at the back of the 0.085$ line and wait for my order to be processed. Thus, my friend, I paid an extra 0.005$ and jumped the line. My order was filled.
But there are different ways to view different plays and speculative plays calls for a different method to analyze. Investors sometimes have different motivating factors or multiple motivating factors and definitely use different of measures for analysis.
We sometimes view the technical metrics and at other times we view the fundamental metrics (or a combination of both) and then make an investing decision. But sometimes we see a product./stock (in this case a phone application) and weigh it with the marketing initiative of that company and we try to extrapolate that information to draw a conclusion.
If the company has enforceable patents that weight in favor of the company.
If a company like WiLan/Gladios IP is "husbanding" these patents we continue to weigh this in our analysis..
Further if there is revenue growth (quarter over quarter) this becomes yet another plus.
If there is increased user adoption the bulb begins to light and my interest is summoned.
If India and China (the world two most populous countries) are included in the marketing process then my interest begins to peak.
With the above we see potential. We bet on this potential by getting involved on the ground floor of this play. It is speculative plays like Poynt (and there are many others) where we begin to see technology being stretched to the limit. This is how new technologies and applications are born.
The Poynt application is fluid and it adapts to the interests of the different marketplaces (India with timesPoynt and China with the addition of a series different verticals). This is what makes Poynt such an interesting investment.
You mentioned in your post that I reminded you of FIU (First Uranium) stakeholders. I really cannot comment on that stock but I understand the point that you are attempting to make. Of course I have made some poor investment decisions over time and certain got burnt. As an investor I try to gather all the facts and sometimes those facts may be based on false information (misleading 43-101 reports). But I have made many interesting decisions and certainly made lots of money. This is the nature of investing.
When it comes to Poynt I feel very confident (being a regular user of that application and got great feedback from those I recommended that application). I made several points above as to the reason why I am journeying with Poynt.
Having said that I wish you all the best in your investment decisions.
Now you don't have to agree with this. Maybe you simply lack vision. That is okay. But there is absolutely no purpose in bashing because you are blatantly blind. To be quite honest I really don't care that you cannot see the opportunities that are being presented. Why? I care about myself! I love to make money.
The same argument you make against Poynt you can also make against MIT and VRS. I can tell you in all honesty that I used this same method for Mint and I am making a mint.
In my opinion I would recommend Poynt to any investor who is willing to take a small risk for extremely large rewards.