Metro One Development, Inc (MTRO)

[SuperMatty]

Ok, according to TheStreet ratings dated 03MAY07, ONGO sucks for previous longs but is A STEAL for new investors. ONGO scored 5 out of 5 for Price/Cashflow, Price/Book, Earnings Growth, & Sales growth citing new accts, significant revenue growth in the past year, and ONGO's percentage of the IT market along with it's discounted price as compared to peers in the same sector offering similar services.
ONGO was rated at NEUTRAL for Price/Earnings, Price to Earnings/Growth, Price/Projected earnings, & Price to sales. Mostly from not having data or ratio available.
My gist is that they rated it a sell from the decline in it's price in 06 which was near $11.40 to it's current value in May at $0.02-0.03
But!, they also stated that it's current price is a major major discount on it's own, let alone it's current upswing in revenue(as compared to similar companies in the same sector w/ similar market cap)
The same thing though, gotta be profitable. ONGO is still operating at a loss despite the exponential increase in revenue. What's positive is The EPS turnaround.
Q1 for years 2005/06/07 as follows: -3.0/-7.5/-0.93.
Q2 for years 2005/06/07 as follows: -22.0/-24.5/-.20
Seems that ONGO is looking up in '07!

39.55% of their analyst consider it a buy at this point
30.71% consider it a hold
29.74 consider it a sell

Even though I'm in the hole at this point, I'm going to get in with more soon to at least break even. As a few of you have already said, Q3 report should provide a clearer picture.
Any thoughts?