TSXV:ISD.H - Post by User
Post by
rudy389on Jun 18, 2013 2:37pm
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Post# 21538484
The bottom is in
The bottom is in Whether it is $0.21 or $0.22 or even $0.20 for that matter this stock has to be sitting on the bottom here. Given all the bad news (LOI's that go nowhere, $9M financings turning into $3M financings and generally a market that is sick of a promotional CEO) the stock is actually holding in ok.
If this company can pull off even a few positive news releases and actually start executing on generating revenue then maybe the stock can work for a while.
The timing of that is unknown and the longer it takes the lower this can go - but I think we are near the bottom here with a stronger balance sheet and less ilution than we thought. All in all I think you have to stick with this one based on valuation and the larger opportunity in front of the Company.
Time will tell.
being broken and lack of