RE:Financial Post recommends S7 as VR investment Thanks, PC, I needed that reassurance!
Six months back I closed out a moribund mutual fund and divided the meagre proceeds among three stocks: silver, diamonds and technology. The silver has gone up 440%, the diamonds up 37% and the tech (S7) has declined 20%. Three months later I bought more S7, convinced it's going to break out soon. So to me, hopeful news like yours is good news.
Incidentally, since I live in Toronto, out of curiosity I drove past S7's place last Saturday. Their office is modest, through a glass door and up a flight of stairs, closed of course for the day. I might have felt happier if they had a proper sign in the window and not just a colour photocopy of the logo. But they have four allocated spots in the car park and RF that's strong enough for pickup in the street.
I guess patience is key here but I sure hope it's not going to be another six months before we see action.
(Thinks: If only I'd put the money in silver, or even diamonds, instead ...!)