Tuesday, September 02, 2014 11:41:30 AM
Personally, I don't see a real market for a start-up integration company who plans to sub out the install. First of all, most real integrators are busy enough that they don't have to work as somebody's sub. Second, a subbed out install is sloppy.....it takes a talented project manager to make it all work. Third, the sub has to work within the price constraints of the contract meaning that they don't usually get their full margin on the job.....sub work is almost always low margin and is typically left to the bottom feeders. (I only sub for building contractors, not for finance companies).
XsunX may be licensed as a contractor, but they have no real employees. The business model seems to be sales and finance.......there is money in this, but it can be tricky. Most companies that are doing this successfully have a pool of well capitalized investors. We really don't know if Tom has enough clout left to garner the trust necessary to pull this off.
BTW, the 90 posts in one day are day traders that work together in small groups and send lots of "hype-mails" to trader lists and post on boards like this in an attempt to get others to ride the wave. They buy, hype, and time their sell-out such that they get a nice margin. If you are good at this you can do 15% per day on a good day! If you don't sell quickly enough you're stuck down for the day. Naturally this only works with penny stocks. Almost 100% of the daily volume we see are these DT's buying and selling using software to make their trades automatically. For the most part they drive the stock up with their own money, get no ride-alongs, and sell at the end of the day taking their money back.....we see volume, but very little movement in the stock price at the end of the day.
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