Flyht Dragon - Attractive Potential
It seems this technology can significantly improve communications efficiency in the areas of corporate jet usage and fractional aircraft usage programs, but perhaps most of all in the charter and related areas of services, from one to several aircraft in size, for hunt camp and remote fishing expeditions, mining camp and prospecting services, medevac services, and native and remote community transportation and other services. All of land line, cell phone, satellite phone, and aviation transceivers capabilities may be captured in this one unit. These guys are thinking.
Re: "Why the selloff...". Short term the market is a confidence game. Many of the big players make much of their money not on a rise in the market but on conning you and I out of a good investment. The game is simple and effective as follows.
When good news comes out from a company, new buyers take a position and the old holders use their "dry powder" (i.e. cash) to add to their position resulting in a short term run up in the stock price. But now there is not much bid to the market and the ask side (sellers) can drive the price down with relatively little volume. Subsequent good news releases can actually exasperate the problem by pulling any remaining "dry powder" out leaving almost no bid left.
However, this does create the "coiled spring" analogy where at some point in the future the stock breaks out and in some cases doesn't look back. The catalyst can be just one more good news release, a large insider buy, or the big player deciding its time to move the stock. Its very easy to do when your daily trading volume is only about 250,000 shares or a $100,000.00 equivalent.
I want to qualify "short term" because it will often seem like a long time - which is one of the most effective tools to discourage the little retail investor. We saw that first hand here with the likes of, I think, "invest" or "lavender" that said they were out on the bounce off the $0.20 range - only to miss on the recent double.
You need to ask yourself, can I wait 2,3 or even 4 years for a 5 or even 10 bagger. When you are confident of the fundamentals, you stay in the game until you win your reward.
The referenced video has been uploaded by HG on Youtube at:
https://www.youtube.com/watch?v=Qg9O894QV28
Good night
Greg