RE:Another Losing $$ QTRSunsetGrill wrote: I quess investors see what they want to see. I see another losing qtr after CEO hypes that they may break even (ceo's usually only say that when they expect to blow through earnings)
Revenues of 1 million with a mkt cap of 40 million. That is one expensive stock.THis revenue number is really really disapointing
Growth of 133% is no big thing when your previous numbers are crappy.
Nice little company with nice tech. BUT.... Im looking for an exit but keep trading
So Sunset it is obvious that you look at things different than many investors in here. Question to you is "Are you aware how long it was before Amazon showed a profit?" With all due respect I would suggest you get out a finacial calculator or if you don't have one (seems likely) then go to a comppound interest site and run some numbers. Don't use 133% even just go with 33% and see what you get five years out. Maybe your granddad was one of those guys that said that this new Ford company is just all hype...way over priced...my buggy whip manufacture pays 5% dividend and has a reasonable market cap.
Even after considering that the market cap is way too high for the sales TODAY(!!) the risk reward potential of this stock is amazing.
But it is certainly not a stock for all investors, in which case there are lots of relatively safe ETFs out there.