GREY:SMDWF - Post by User
Post by
cheval57on Jun 24, 2015 9:42pm
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Post# 23866140
Interesting
InterestingInteresting to read all the comments about Somedia lately. So, a lot of investors got excited when they heard about Google last spring. They got all excited and got that stock up to 54 cents. Then reality was quite different than expected. Today, the stock price is close to 20 cents a share. I am of course disappointed. But, I think that I did like many other investors and I started to see stars. However, I have to come back to basics and realize that we are talking about a small company who is suddenly getting a lot of attention and a lot of of orders for videos. Does that not create some kind of backlog? We are not talking about miracles. It will take time before this company becomes a major. It has to finance itself. It has to hire competent people to manage the increase in volume. It has to generate revenues to pay these new employees. What do you exoect? Videos is certainly the future in advertising but Somedia is still a small company. It will take time.