Wednesday, May 10, 2017 12:46:59 AM
No, that's Steve who writes all that stuff (LOL).
In general, I would stay away from these infancy stocks as you have to big problems with them:
- Statistically, they have a high failure rate
- Information is a problem
For me, DSNY at the end of last year when it went below 20c was simply a situation of, hey, what is actually the downside in this, given the inherent profitability of PlayMPE, the cost cutting by moving to the cloud and the moderate return to growth.
At 18 cents or so, I thought not a whole lot. And I noticed improvements in the quality of the demo videos and I realized that if they could make it work, they actually have something interesting for a MUCH bigger market.
It really came down to risk/reward, I didn't see much downside in December and potentially there is a lot of upside, IF they get Clipstream to be good enough.
And I have yet to hear a convincing argument against this.
That's all. That's the call I made. I DIDN'T make a call on the success of Clipstream, which for me is still like 50/50 and there are lots of moving parts there. It could also take quite a bit of time, but I don't really mind that all that much.
Keubiko made the call that Clipstream is not worth the time and effort, so far he has been proven right, and cheers to him. But when I look at the demos, even when on a rather old laptop, I think, well, they are pretty close. I've seen worse on the internet.
And like most, I've made some good calls and some bad ones, I'm certainly no Buffett, nor do I claim to be.
Recent DSNY News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 10:15:05 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 01:01:04 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/27/2024 03:14:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 08:18:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 02:16:42 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/28/2023 11:01:54 AM
- Form 5 - Annual statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/13/2023 12:08:34 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/13/2023 12:01:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 11:57:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 11:56:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 11:49:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 11:44:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 11:28:44 PM
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