Am I saying this will happen to OTTV? No. Can it happen? Sure.
Some of you need to go check Netflix stock when it started out. Sure, it wasn't on Pink but it gives some perspective between two similar stocks.
At 2002 NFLX had a loss in millions up on millions which was up from 2001 before the IPO'd. The stock varied hugely from $1.2 to even as low as $0.4.
This market, even more if you are OTTV in PINK which has not as many investors and the reputation of the market itself, is not easy to break trough. But once you do, go look at the price now.
Of course there's one huge factor right now, Toxic debt which we see day in and day out being converted. You either hold strong and wait for the cash flow to come in which in turn can turn it around or sell now and don't look back.
Again, I am not saying OTTV will be the same case as Netflix but then again you might never know. We know that from 1'st Sept. some stores (or store) starts to sell their subs, they have ads up in MSG, we do have 30 day plans which we can watch out if he delivers etc.
Sure, I'll try to think ahead and the first thing that will be mentioned is the share count, it's "fixable" down the road.
These things take time, and I'm talking about years not days or months. I have to say, I am long on this and I'll try to hold as far down as I can. What I hope is the CEO to keep pushing news to us, as a bone to a dog you know. Each day we are stuck with nothing and just going by blind fate. He needs to understand, there's rarely new investors coming in right now, it's just us longs who keep buying the dips in turn to hoping this will pay off one day.
