RE: Sweepstakes now closed.Right now I don't think it is about SP idigold.
I am reasonably happy because they have slimmed down on overheads, are right now beefing up their ability to develop and implement, and though still not finished, have a product they have demonstrated they can sell and implement and support and generate income from. Well actually the last three of those points are in the process of being demonstrated now, maybe I should hold back on assuming a successful outcome till we see it.
I have no expectations that they should or could be much further forward. I predicted they would not get their 6 sites live before EOY, not to criticise, I just thought that was unrealistic.
I think we are in for a slow quite quarter, but the success of the work they do this quarter could pay dividends later in the year.
That's the sort of timescales the compnay is operating on. Hulluh yoyoing up and down with each move of the SP is very entertaining, but right now, there are not going to be that many income generating NR's coming out over the next few months, maybe a slow trickle, maybe of the order of one new system live a month for a while. That won't set the SP pn fire yet.
Release of 2nd quarter results, more systems live, more income, more people signed up, hard evidence to promote the stock with (we still don't have that imo) should make 2nd half of year much more interesting.
In the meantime, nice time to pick up cheap stock.
Hulluh, next time, buy at times like this, not at the top of a run. I appreciate you must feel a complete idiot. But don't worry, we have all been there at some time.
You have one choice, sell, cut your losses and invest in some of these other stocks thta are 'on fire'. Or wait a few months before you see chance to sell out at breakeven or profit.
In the meantime, I would appreciate you not whinging, for the reason there is no constructive criticism in what you say. You simply want to find someone else to blame for your 'error'. Grow up, take it on the chin, you made a mistake.
Idle