Post by
HeyIrish on Jan 09, 2014 6:03pm
No Pump n' Dump
I won’t pretend to know a lot about this company (but I’m learning) or this market sector, but, I have seen my fair share of Dumpn’Pumps and this isn’t one of them. This is no Howe St., Bay St or blvd.Rene Levesque hype type deal nor is it some snake oil salesman with a couple of acres of barren land in Northern Butt Puck that is loaded with gold or silver or oil or… This is not the type of deal where management promises to find you something that will make you rich beyond your wildest dreams or where they promise you the world and they end up with a dry well or gold-less assay and the money in your wallet is now the money in their wallet.
This is a real company; which explains to me why nobody on the Venture knows what to make of it. It’s clearly an anomaly amongst all of these other mismanaged inbred backwoods venture stocks.
Having said that I’d like to say to management that if the insider who recently sold their shares is an employee of the company, well then I expect that you should take a lesson from Chris Christie’s book an fire them. Don’t have the whole company pulling one direction only to be blindsided by some stupid greedy a-whole.
Comment by
ibem52 on Jan 09, 2014 6:29pm
its a video-based advertising business model, they are not a tech company they are an advertising company.
Comment by
domdesm on Jan 09, 2014 6:31pm
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Comment by
oneinvestor on Jan 09, 2014 6:34pm
WOW .... YOU know nothing about them clearly! PATENTED TECH yes thats TECH/SOFTWARE whatever you call it, Licenced to GOOGLE.....SWIFTSHADER,,, OH YA there is CIDER also and ITS TECH/SOFTWARE too..... And as now the whole Tech world knows, its a hot potato~! C
Comment by
ibem52 on Jan 09, 2014 6:57pm
you are right but that technology does not produce any substatial revenue for them. and their deal with samsung is based on advertising subscriptions not from samsung but from advertisers.
Comment by
PoiSonPeZ on Jan 09, 2014 7:13pm
Yeah, people aren't going to pay thousands of dollars for a new Smart TV so that can play shallow, single player games that are laden with advertising. Take a look around the internet at all the free-to-play games that are barely making a living. It's a cut-throat business. Small-time gaming software companies are dying.
Comment by
mike270 on Jan 09, 2014 7:15pm
For the last time Ubum we all done our research your comments are not needed here.