Followers | 37 |
Posts | 1917 |
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Alias Born | 06/14/2010 |
Friday, August 20, 2010 2:58:52 AM
What has really changed in the last few months? Not much really; the company is still working towards their goals. It seems maybe some investors just had unrealistic expectations thinking this will be a google overnight.
I think your pessimism is based on the recent decline in the share price and by making an assumption that the company is not doing anything just because they have not released information.
Its funny how disconnected companies and investors are. Investors have these high expectations and leave the company to do the dirty work. The only thing MediaG3 can do is try working towards their goals. I see them doing just that. They have goals to become a real company and not another pump and dump scam.
You can always wait for the financial data. Nobody really knows how much revenue the company actually has. So to make any assumption about the share price is a bit arrogant. I think there is alot in the financial story of MediaG3 that has not been told, but it will soon be revealed.
You can speculate what will happen, but without a core position in the company your speculation does not go far.
How do you create a position in a pink sheet that has alot of potential? Do you really think your so good that you can find a bottom? By the time the value of the company is realized, you would be paying a large premium.
You gotta start creating a position somewhere if your going to invest in a company. With a market cap of about 2.5m, there is not much downside at this point. If you think about it, the only thing that will make this stock tank to triple 0's would be a large flaw in the company that nobody has seen yet.
I see minimal downside and unlimited upside. Although it may be a speculative play, its one of the best in pink land. We will soon see who is right. The ones that have the negative view may wish they had a position or the ones that have a position may wish they never did.
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