AppSwarm Inc (SWRM)

[valuemanager]

Sponge -- Are you mainly investing alongside flashy press releases and good looking products?

Price is what you pay, value is what you get ... have you checked revenues and margins?

My estimation is that no shrewd investor would never buy SNWT at today's prices. With only 5 cents revenue per share and industry margins at best at 10%, the PE is around 300. See my estimations here (the tone of my postings is not so positive, sorry, but that's what the facts are leading me to):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42284493

Did you ever think about price, Sponge? What is your estimation of intrinsic value here?

I mean, if you are just a trader who doesn't care much about value, I'm fine with that. But I wouldn't call that invsting then.

Cheers,
Value

P.S.
Penny stock land is not the place for investing anyway. Particularly when management gets invovled with stock pumpers. In the end, the price always collapses.