InvestorsHub Logo
Followers 7
Posts 232
Boards Moderated 0
Alias Born 08/12/2010

Re: geoiguy1 post# 927

Thursday, 08/26/2010 3:44:22 PM

Thursday, August 26, 2010 3:44:22 PM

Post# of 3152
Geoiguy1 I don't think its the move to the OTCQB that made the PPS got to hell, I feel its more of the company needed cash to continue, they are growing, but they are not yet profitable, and until they show this on their balance sheet we are probably not going to see any big movement upwards in my opinion. In fact, it wouldn't surprise me to see us go lower.

The fact is people don't want to invest money in a company that can't show its profitable, The 10q did show promise, but not profit. Those that do invest are taking a risk and there is the hope that the stock wont go lower and we'll see a reward when the comes does become profitable.

As the stock goes lower some people can't take the risk and have to bail and that's understandable. That's when I look to add to my position.

This stock moves easily on little volume and that can create panic. That's why I like to say relax, because when the volume does come and its in the other direction its going to be a fun day!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.