Post by
Raffi14 on Apr 30, 2014 11:53am
I knew this would happen...
They key here is let's not lose sight of the big picture. The game changing point for this company is when they hired Fredrik Liljegren to head the business development side of things. His connections = new sales and increased sales while adding to the customer base. I knew this quarter's revenue results would be mediocre, however, I can virtually guarantee that you will see a significant improvement in the numbers for the Next quarter or two. That is precisely why Mr. Gutpa hired Mr. Liljegren! Mr. Gupta knows where he needs to get this company to (in terms of numbers) and Fredrik will be the one that will achieve those expectations (if not surpass them).
Look at it like this....one step backwards and three steps forward. The investment houses know this and for those that understand this point, it would be a great time to add to your position. Nonetheless, we will see a significant stock price appreciation between now and the end of this year as more deals and revenue streams are announced.
Good luck!