News Focus
News Focus
Followers 0
Posts 23
Boards Moderated 0
Alias Born 09/10/2009

Re: lowman post# 29456

Friday, 10/16/2009 12:15:08 PM

Friday, October 16, 2009 12:15:08 PM

Post# of 35633
I think we all need to keep in mind what we're dealing with here. CTGI is a company that, until just a few weeks ago, was all but dead...and I mean DEAD! The economy is sucky. The market crashed much like it did in 1929. People aren't really paying attention to this tiny little amoeba called CTGI/CSMG running around in the big pond.

I'm sure some people see it out there in the periphery but without any revenues (or employees for that matter - they all had to be laid off), it is just not that interesting of a company right now. As I've mentioned before, it doesn't matter how great the technology is, until CTGI/CSMG can show some real revenue and profit generating capability (or at least a major contract that will lead to it), I don't think we are going anywhere. The financial world has changed drastically and people (at least right now) are not in a speculative mood and willing to risk even a few thousand dollars in something like CTGI/CSMG on the open market.

The technologies are great. No doubt about that. What is needed now is sales, revenue and eventually profit. Momentum is needed and DR has to get it going.

Don't get me wrong. I still think there is huge potential here. But, that's all it is until DR turns it in to something more. It's going to take a while...be patient...and supportive!

*Stepping down from soapbox now*

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today