bd2004....in eply to your comment about buying into hype.
As an investor, I am required to look forward and to examine all aspects of a company, its products, financials and its management. You stating "don't buy into the hype here" can also mean that one should not only buy into the negative either, as it also is being hyped. The current financial picture not being a very good one can easily be turned around by increasing revenues, for which things are being set into place as we speak. Although I tend not to bother replying to most posts here, I also tend not to get too excited when I noticed a large number of shares being held by those who would wish the company ill. The company will do what it needs to sell its products and as a mature person, I am fully aware of the risks of new tech, bad management obsolete products , but on the other hand, I am also aware that a company requires some time to pierce into a marketplace that is changing in a big way.
I have some confidence in the products and am in no way buying into any Hype, either on the side of longs or shorts, as it is all noise. The only thing that counts now is whether the deals signed can create revenue. To that effect, I am waiting for 4th quarter results and if the price drops further, then I will indeed add to my holdings, as I know that the products have been shown to work, evidenced by several key players in the market. The addition of Simon Bramfitt also inspires confidence for the company was lacking in good people to put the word out.
The childish back and forth by both shorts and longs deter from the true questions here. For me, only one is important. Can the company sell its products once they have set up distribution channels. I think it can, and I am betting that in the next year, this story will be rather different than it is now. Many years ago, I saw the same experience with many other tech companies and was rewarded for my patience. As longs are biased in their views, so are shorts. That is par for the course. The difference is that I am a positive person and wish people success , as opposed to failure, thus I tend to look forward a little further down the road. Had I had a short term view of everything in my life, I would not be where I am today. Financials are usually not great when you are preparing for rapid growth. Seen it many times. Of course, it gives shorts good ammunition to try to acquire the necessary shares to give back. On the other hand, it also allows me to increase my position in view of the impending revenue increases. Good luck with you investments, but foremost, good luck in finding what good life has to offer.
