Post by
Strathroy50 on Apr 15, 2015 4:21pm
Bottom Line
The Bottom line.... VID is not going see any significant price movement (upwards) until further revenue specific contracts are announced. Yes partering with Google is significant and bodes well for their future, however revenue is key to driving upward and sustainable share price.
The future potenial looks great but untl we see more contracts the share price will waffle. If you trust the management team that they are working hard to secure contracts then sit back, accumulate when there are dips and have some patience.
Comment by
Vantechie76 on Apr 15, 2015 5:10pm
I agree. Anyone who thought this was going to be a straight line to $1+ was a bit delusional. I think it can grind back up to trade above $0.50 before more news but there is going to be sellers all the way up. Remember there are people with IPO stock at $0.85 looking to get their money back as well as people who bought at $0.20 and are happy with a double or a triple.