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Monday, April 25, 2016 8:49:25 AM
Way wrong, actually. You thought the South African deal was real. You had a $5.00 price target for last November. You then moved that $5.00 target back to March (last month). Neither happened. What is your next price target? Do you see this ever getting back to over a dollar? If so, when? And more importantly, why?
It is amusing to see that "others" here are portrayed as being the bad guys when they have been raising nothing but valid concerns all along.
It is also silly for ALLM's management to try to talk down those who raise these concerns. If they ever announce actual revenue from one of these trials/deals/agreements, the doubters will be silenced, I am sure.
Will it ever happen, though?
You ask "Why do you find yourself still here with others pounding the table around the captain obvious stuff?"
Answer: because this stock is performing like a textbook penny stock operation and is following the playbook of shareholder dilution while "buying time" for what seems to be pie-in-the-sky revenue forecasts. The deals/promises to date have certainly proved to be fairytales.
I ask you: why do you find yourself here defending this operation when you have been wrong for so long? Why do you think that anything will change with these guys when they continue to do nothing but dilute your investment?
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