Thursday, June 02, 2016 11:18:41 PM
No doubt MC, the share structure is not the best scenario one would want. For those that have been here a while I don't feel it's that they don't understand, but rather believing in the products to overcome that size of a structure.
It's no secret I believe in the products at this point, especially POWfolio, but believing in them and changing pps are two different things. I'd love to see that needle move no doubt. But as has been shared many times over and feels like we're beating the dead horse so to speak - it's the passed for some combined with the share structure and filings for the new people.
I shared on another board that at this point due to those things, plus the current dilution, these levels are certainly very prime in my opinion. And then it becomes the risk/reward factor. If people feel the risk is too great this point without filings getting current, and without seeing the actual revenues in a filing, then they'll stay on the sidelines. If people feel it's not really that big of a deal to throw $500 - $1000 here with the thought the reward will come because they believe in the products and they believe the revenues will show positive growth - then they are the ones who are going to buy for that the reward.
The intangible group is simply the day-to-day traders looking for that volume and momentum and jumping in long enough to get their cut and get out.
Just really is a waiting game now at this point until something other than a facebook post proves something. I do believe, and hope I am not wrong on this one, that the approx 10,000 subscriptions are there. But to me POWfolio there is absolutely no denying it's impact already due to third party statistics analysis. All the research I found has shown it is tough to get an app in the rankings and even tougher to be a top 25. POWfolio has been a top 15 now for over a week and now seems to be set on cruise at that level. People can hate the app but those rankings are concrete and you can't get there without solid downloads as part of the process. At least 1,230 downloads per day to be top 25 in 2013. My opinion is they are getting at least 10,000 downloads a week world wide if they hold this spot.
Sorry for the long response, lots to cover.
good evening, docg
It's no secret I believe in the products at this point, especially POWfolio, but believing in them and changing pps are two different things. I'd love to see that needle move no doubt. But as has been shared many times over and feels like we're beating the dead horse so to speak - it's the passed for some combined with the share structure and filings for the new people.
I shared on another board that at this point due to those things, plus the current dilution, these levels are certainly very prime in my opinion. And then it becomes the risk/reward factor. If people feel the risk is too great this point without filings getting current, and without seeing the actual revenues in a filing, then they'll stay on the sidelines. If people feel it's not really that big of a deal to throw $500 - $1000 here with the thought the reward will come because they believe in the products and they believe the revenues will show positive growth - then they are the ones who are going to buy for that the reward.
The intangible group is simply the day-to-day traders looking for that volume and momentum and jumping in long enough to get their cut and get out.
Just really is a waiting game now at this point until something other than a facebook post proves something. I do believe, and hope I am not wrong on this one, that the approx 10,000 subscriptions are there. But to me POWfolio there is absolutely no denying it's impact already due to third party statistics analysis. All the research I found has shown it is tough to get an app in the rankings and even tougher to be a top 25. POWfolio has been a top 15 now for over a week and now seems to be set on cruise at that level. People can hate the app but those rankings are concrete and you can't get there without solid downloads as part of the process. At least 1,230 downloads per day to be top 25 in 2013. My opinion is they are getting at least 10,000 downloads a week world wide if they hold this spot.
Sorry for the long response, lots to cover.
good evening, docg
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