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Tuesday, August 27, 2019 12:36:40 PM
Well I am not selling. I will average down if it goes down but I am not selling it to you no matter how many of you join the game. Anybody that sells at this point is not very bright in my opinion because this is the last leg of the development no matter how long it takes.
Luckily you can't force people to sell their stock below cost so you can snap them at someone else's expense.
There is no crushing delays that I can see here either. A quarter of a year delay is pretty much acceptable and routine at this point of development. In technical field creating a new device or software is about delays and to top it of, this one needs to go through FDA approval so it has to be solid.
Deadlines are just estimates unless they are contractual. No company has a contract with stock speculators. If you don't want the risk of buying into an R&D field then you can avoid it.
This company had instituted a hardware freeze which froze the device and the firmware. Those in technical field will understand that the device is not being modified anymore. The PR that I saw has even identified their objective in refining the software. For those of you who don't have amnesia, you should recall that they already had said that that they will work on the software and that it was not frozen. They have hired new people and a company according to their PR to advice them and lead them though this.
Stock message board jockeys who have been playing the dilution have profited from this stock for far too long now. It seems to me that they can no longer play game of the dilutions because they have shot themselves in the foot convincing this company to acquire financing through other means. The only source to acquire the stock is from the longs. There is no new shares being issued currently.
The 60 million dollar market cap which is a fraction of fraction of the cost of building a device like Titan has produced is not going to be dumped at 30 million dollar as far as I can see, 2 quarters before the release by any long stock owner just because some message board jockey here wants it at a further 50% discount.
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