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Re: SkipDawg post# 3713

Friday, 02/15/2019 4:13:04 PM

Friday, February 15, 2019 4:13:04 PM

Post# of 4231
That prediction has been made continually since last Jan....

There have been some short lived sucker rallies since that $11+ high water mark in Jan of 2018....but the overall trend is down/down and down some more.

The latest presser looks to me like the company still hasn't found a killer app that would make the Blades a desired consumer item....

In any case we'll see if all those predictions of Q4 being a big winner prove accurate, or if they'll report losing another $5 million or so....cash resources have to be getting pretty thin if they havne't made a dent in the burn rate. Burning cash likely means yet another dilutive raise...I doubt they could get a traditional loan with their revenues and expenses being what they've been.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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