RE:RE:RE:This is just garbagePiper, I wasn't suggesting Flyht share price can't rise rapidly. It could and probably would on a Boeing deal announcement but it should then fall back to earth and be valued on tangible revenue and profit growth.
Based on what has happened in this industry in the past I'm just suggesting that follow on revenues and profits will take a lot of time and effort to materialize. Consider ... if Flyht were to garner a $4.00 share value today with a lofty 40 PE multiple, it would need to be growing rapidly and already generating over $2M pa in net profits.
Thats $500K profit per quarter!.. and even with a Boeing announcement tomorrow morning it would take Flyht quite a while before those profits actually start coming in. For some investors it might be better to buy at $4.00 knowing that profits will be steady and uninterupted vs being frustrated and wishing the stock price would rise rapidly right now when there is no material reason for it to do so.
Not bashing the company at all, just sayin there's a reason for it to be trading where it is and many investors (like me) are patiently waiting to see if, how and when things materialize.
GL