RE:RE:RE:Selling Off, Company is a POS with a Leader that is CluelessLove your enthusiasm Johnny, 2 yrs and still fired up, so why do you hang on?
I am looking to educate myself on this stock
i have bot & sold this twice, made small gains, thinking I will buy again when it drops below $2 for a short term trade again.
He purchased with shares because his accountant said they are burning thru money and revenues are not growing quick enough, so at least he is listening to someone.
With no real assets they need to conserve cash.
The acquisition and future ones are what he should focus on because that will be the only way to grow the company and divert attention away from the fact that they are 2 quarters away from really going sideways.
Again if he is listening to someone he will make two more acquisitions this year, if not this will just be a stock to trade in short swings. Next buy for me will be at $1.60 and sell at $1.90 before it goes back down (if no more acquisitions)
A funny note is one of their guys lost 500,000 options at $5.88. I am sure he is not happy but also sure he will get new ones with a $2 price.