TSXV:CYX.H - Post by User
Comment by
Sidesh0won Apr 26, 2017 2:07pm
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Post# 26169649
RE:Why is this stock still trading for less than 10 cents?
RE:Why is this stock still trading for less than 10 cents?whatstheword wrote: After all the weed talk by the government I expected this stock would be at least in the mid teens - early twenties range.
Rome was not built in a day. Those with the most patience will win. At $5M, this is a takeout target. News will come and when it does it will be well worth the wait. We cannot be far off from either a big client signing up, getting bought out instead, or a new release (like the mobile apps which were expected in Jan/Feb). I am sure the developers are over there adding value. Getting in for single digits is going to pay big dividends when this gets into triple digits. Look at SalesForce's $60B cap to see how even shoddy software can demand such a huge valuation. This one is a unicorn.