RE:RE:RE:ID potential for newbiesmasfortuna wrote: I am not a big fan of cluttering the board with useless posts BUT...
1) I don't think ID will be profitable at the end of Q1 (we are already in Q2). I will add that they may not be profitable at the end of Q2 unless they get some big contracts over the next 6 weeks ( Q2 ends June 30th). What is important is that they continue to grow their business which they are doing. ID is a baby. When I bought in initially I bought with the expectation that this August will tell us in what direction we were going. At that time there was no talk of being profitable yet (September 2017). When you consider that 9 out of 10 venture companies fail, I think from what we are seeing ID will survive. The question is how long can you as an investor park your cash and wait.
2) I already said this a few times. The bashers do not know more than anybody who cares to spend a few days researching ID. They always tell you how they shorted the sp at the high and if there is a pop after a downtrend how they sold just before that pop. THEY ARE LYING. If I was 100% sure about an investment play, I wouldn't be on stockhouse wasting my time with you (no offence meant). I would be on my privately owned island. Look at a company and if you like the sector, management, fundamentals , you buy it. That's about it gents.
BTW, just to point out that the crypto sector and the blockchain sector in particular is in a depressed state. All companies have lost a large % of the 52week highs they registered late last year and ID is no exception. When the sector turns around , then Id will benefit as well. Until then, news will not change the sp dramatically. Since this is a long term play I don't really care when that happens BUT I am pretty sure that ID will survive and the sp will then rise.
FYI: Here is a fact. There are 48 individuals in North America that hold a phd in cryptology and 2 are employed by ID. That alone gives me confidence in this product.
Mas
Join us on the priv channel? We're 9 already and discussions are constructive while we skip 10 multi alias paid bashers
Cheers