My advice to all new people:
995ad.com is only a portion of IDWS. The site is rapidly changing every week. Just last week we had only 34,000 ads. Now we have 120,000 ads. IDWS states that they've captured 557,500 car ads and 70,000 hotel ads. If this is true and they list them, that is so huge and would be extraordinary. The fact that we currently show 120,000 car ads should show that IDWS is not bluffing, it just takes time for the dealers to write in each car/hotel ad and for IDWS to process/upload them to their site.
Management is cleary not being passive. If they're being honest, they've accomplished a hell of a feat: they've persuaded and contracted people to list more than a half a million ads in a very short time. I don't know about you, but that's very aggressive and very impressive to me.
The other portion is clearly profitable. A pro forma statement of earnings of $0.21? That would equate to $8-$12 a share with a reasonable EPS ratio.
Right now, if you believe that IDWS is bullshiting, then you can just move onto another stock. But if people are undervaluing this stock with the "too good to be true" attitude, then you're in for a golden opportunity.
I firmly believe that IDWS is a winner and will prove so. I've accumulated at $0.19-$0.21. If IDWS pulls through, the massive ROI will be because people hesitated with the "too good to be true" attitude and allowed me to get in at these extremely undervalued prices.
It's your decision. Good luck and good hunting.
