InvestorsHub Logo
Followers 9
Posts 341
Boards Moderated 0
Alias Born 05/18/2013

Re: ReelTimer post# 36335

Monday, 04/27/2015 2:14:45 PM

Monday, April 27, 2015 2:14:45 PM

Post# of 45244
yeah but no cash on hand and despite revenue growth, net income stays in the negative. there are also loans on the books too, albeit not exorbitant. the company is still young and is focused more on growth, i get that, but i can't be a long term investor solely because a) i sense that share structure will have to change in the coming years (not in favor of long-term investors) and b) it's more likely that the 6-yr bullish macro is nearer an end which will certainly have effect on bcci and all other equities.

after new share structure and at the very least a correction in the major market, i might consider a long term investment in bcci but until then i think anyone that puts their money here for the long term is going to have to stick it out through a major trough.

we've both different stances though, at this point in time i'm only trading the markets.

gltu and all