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Thursday, 08/19/2010 8:00:31 PM

Thursday, August 19, 2010 8:00:31 PM

Post# of 49066
Interesting. Would not touch this one with a 10-foot pole. What makes what they do any different from what dozens of other companies do? Yes Brazil and Argentina have stellar economies, but don't they also have their own developers? I would think the bar for entry would be rather high. In addition, AppTech appear to be entering this market with no Hx. or direct sales in South America. their point of entry appear to be through partnerships, equally with no competitive advantage than local app developers and a higher barrier to entry.

Aside from all that, I prefer to buy when sentiment is not all 'rah-rah'. This is when I tend to get burned. Not trying to be a 'hater', just cautious. Seen this before..sadly, many times. Best example might be the company that ended up 67% down today after its own stellar run last week...and that was on top of great news....certainly not touching this on a Friday when people tend to take their weekly gains and certainly not before 11AM (when I have a chance to evaluate volume and direction with reason rather than emotion)

That's just me....GLTA. I hope you longs and longs-to-be make a bundle here. Isn't that why we are all in the pennies anyway?
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