Followers | 25 |
Posts | 4398 |
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Alias Born | 07/22/2009 |
Sunday, March 21, 2010 8:26:43 PM
If this company did 4 million in revenues for 2009 and the stupid game changer wouldnt have been announced then it is possible this thing could have climbed to a penny or so on forward looking business growth and if revenues slowly grew the PPS could have also from that penny PPS and continued to grow.
You know, like a real company.
The real problem here is that this company could be shrinking. That would eliminate the possibility for real sustained market cap growth.
Heck even if they did 3 million and made $1 of real profit, the PPS now would be undervalued and a long sustained uptrend could start. Those financials are being shielded either out of sheer stupidity or because they are horrible.
It is not really good when the best case scenario is to pray for stupidity.
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