GREY:SMDWF - Post by User
Post by
home001on Apr 30, 2016 9:02pm
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Post# 24829590
Just Curious
Just Curious Does anyone on this board really know anything about the video advertising business other than what anyone with half a brain already knows: That video is exploding?
There are probably hundreds of companies in this space doing video deals with the big fellas. There will be more losers than winners. Just think of all the car companies that sprung up in the early 1900's. The vast majority didn't last very long even though they were in the right "space". Seems to me HOPE is the main investment tool being used by many on this board. As I wrote in another post: I own a fair amount of VID, but
VID is starting over. The fact that the 52 week high is 54 cents is very misleading and means nothing because it was at 54 cents for only a matter of minutes and was there only as a result of what appears to have been a tremendous pump and dump.
Mr Hancock is quite legitiment. I am trusting him and hoping he can turn things around....not the best of investment approaches.
Just wanting to keep things real.