GREY:WONEF - Post by User
Comment by
LogicArchaicon Jul 10, 2015 4:20pm
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Post# 23912910
RE:Dazed and Confused..... NOT
RE:Dazed and Confused..... NOTI did a bit of an in depth analysis on financials for this company. They've been issuing a lot of shares which isn't good, but they have also improved revenues slightly in Q1 2015. Of course they're still losing money, but a short term spec buy could be justified if this thing breaks out .61 A positive news release could send this up fairly high, and it is somewhat oversold. The debt restructuring is concerning, but since Q2 is coming up soon there may be some upside potential if it's somewhat positive. Their cash flow is looking better, although still not super healthy. These guys really have to decrease their fixed costs though, that's what's killing them on the income statements.