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Alias Born | 03/03/2005 |
Friday, January 07, 2011 11:40:34 AM
And kicking the tires.
"...I’m definitely anxious to see some monetization take place (from users and real advertising customers), but they seem to be taking good steps in that direction."
Whoa Nellie! No no no. That is not what you want to happen. This stock has a better chance of hitting $20 before the real numbers get printed. As with most micro-caps, once reality hits, the market always does a re-assessment based on hard numbers, and the results are rarely pretty. For the next 6 months, momentum and hype is your best friend, and you want to pray for more press releases that alude to the promise of numbers at some uncertain date. That is the formula that works more often than hard numbers.
"...My only concern here is that the game-development dollar signs in their eyes might cause them to lose focus on the site itself."
Hasn't that already happened? I thought the recent $13 million secondary was being allocated for game development? My first thought when I read it, was why does a company need more than $500k to outsource a few internet game programs?
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