Post by
Looking4Doubles on Oct 03, 2017 5:49pm
Better to be safe than sorry
Those of you that are buying are braver with your money than I am. I think we should all wait until we :
1.) can see what's happening with the cash flow & 2.) can see positive trends occuring.
At this point, the quarterly expenses are still increasing and we still don't know if they have peaked.
I originally thought we could go to 12-14 cents if they have to raise more money, but we just went under 15 cents at the end of the day, so my prrior projection might turn out to be too rosy if their expenses are still climbing.
Bottom line: Better to buy a climbing stock price at this point than to try to catch a falling knife. Good luck