Metatron: "What's worse: Losing a few thousand or blowing a chance to gain a few million?"
Sorry for this long-winded post but I wanted to share some of my thoughts about Metatron, hoping to challenge what appears to be increasingly defeatist attitudes among forum participants about the company's future. Here is an excerpt from a story I found today online:
"[Metatron] has taken [numerous] orders from [several] customers for [Metatron's revolutionary approach to develop and distribute Apps], but is about [seven months] behind its original schedule due to [a shortage of] labor and snags in the [App approval process]. "There is very strong demand for [the new Apps in development]," [according to the Metatron CEO]. "The profitability will not be high at the beginning, adding there are significant opportunities to increase the profitability of it. The underlying numbers were soft, but pretty much as expected. I don’t think anyone expected the [company to become profitable for years as the company is so young],”
Just kidding!! The words in [brackets] were changed to highlight certain similarities between Metatron and a company hundreds of times its size, Boeing, the world's largest aerospace and defense company.
Below is the actual statement quoting the Boeing CEO:
"Boeing has taken about 835 orders from 56 customers for the lightweight carbon composite aircraft, which is about three years behind its original schedule due to labor problems and snags in the global supply chain." 'There is very strong demand for this airplane,' CEO McNerney said on the conference call. "'The profitability will not be high at the beginning,' the chief executive said, adding 'there are significant opportunities to increase the profitability of it. The underlying numbers were soft, but pretty much as expected. I don’t think anyone expected the quarter to be strong anyway,”
Boeing is one of the largest and most successful American companies in the world, is almost 100 years old and has a market cap of $52 billion. Yet with all those years of experience, wealthy investors and lucrative government contracts, it has made the same mistakes as a company as tiny and unheard of as Metatron. Even being 3 years behind schedule, investors have stayed patient, and Boeing shares as of April 2011 hit a 3 month high and Boeing expects to make a profit this year of ~ $4.00 per share.
Another example - with a market capital of $347 billion, the 35 year old Apple is the largest consumer brand in the world. But the company struggled considerably in its first years. In 1981 their share price dropped as low as $4.06 as they struggled to compete with Microsoft/IBM/Dell/etc. Today it is $375.00 per share, a 9000% increase (partially due to reverse splits). Has it ever failed to deliver products on time as promised? Yes. Did that stop investors from investing or consumers from buying Apple products? No.
What does this have to do with Metatron? Even the best managed, most profitable companies in the U.S. make optimistic projections, but in the end often fall short, disappointing investors. Further, we've been waiting for a period no longer than 6-7 months for Metatron to follow through with its promises, while Boeing investors have been waiting 5 times as long for Boeing to put the 'Dreamliner' into service.
Metatron will never be a Boeing or an Apple, but it does not mean that current circumstances mean Metatron is a worthless company. Yes Boeing and Apple have had decades to develop a positive reputation and build capital, but while most companies start off saddled with debt, Metatron is already posting quarterly profits-no matter how small those profits are.
If you want almost guaranteed profit each year, invest in an oil company as an example. But your money is unlikely to double, much less quadruple, whereas getting lucky with the right penny stock could turn a few thousand dollars into a few million over a few years rather than over a few decades.
Simply put, if you lose $5000 this year, but your salary minus expenses allows you to save up $5000 every year, in one years time, you will fully replenish your savings. But it will be 200 years before you can save up a million.
Oh yeah... I agree with what someone else posted saying Metatron should only be publishing news about their company instead of constantly posting blogs about Apple or App news in general.
Cheers