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Alias Born | 10/30/2020 |
Tuesday, April 13, 2021 10:30:52 AM
But for those who purchased recently, based on a Hotstocks NYC, you are bag holders. The stock continues down with little buying or support to be found. Those that question the stock, are booted from the site and told they are stupid. (When what the site should be doing is explaining the fundamentals and why exactly people should own the stock.)
The company, through its supporters touted huge contracts, this included the recent $1.5 million Government contract. (this was touted to be a SIGNIFICANT contract, but failed to impress) Rumors were spread of $25 million, $100 million, even $500 million dollar contacts........but none of these seem to appear and all the talk has diminished and they are now discussing that this is a long term play.
However, with that being said, they are in a market where they only need a few successes to generate significant sales. However, their sales process is long term, and takes an enormous amount of time over many months - that may or may not result in significant orders.
They did have positive news in that NCR employees were willing to transition and join AA and that is in fact a positive move. But will it result in stock price appreciation?
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