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Friday, August 24, 2012 11:19:57 PM
As they prove themselves in the real market and demand grows, so will their revenues and margin.
And then multiple points of revenue and assets and it will become a viable business.
Back in November at some point I said it would PROBABLY be a 3-5 year thing to $4...i think that still holds, but it will all vary so so much depending on how they do as a business and when they can get expansions and how they do at negotiations with the insurance companies.
But I don't think any of you will go anywhere before that anyways...you can cash out now and lose money or make next to nothing or you can make 100x in a couple of years. Few stocks will ever offer that :P
I still think it is the right decision, but I wish I had invested elsewhere till now and just bought in now. I would have had MORE money AND had a cheaper share price LOL!
I suppose if it took off prior to that then I would have missed the boat though...
And as a bottom line...go watch Shark Tank. No profit is a tough sell. But I think some would buy in now...but for huge stakes at a bargain price of a few hundred thousand :P
Just have to keep chugging along. The #s weren't glowing this time around, but maybe they will this quarter. My original prediction was mid 3rd quarter (2nd Q results). I do agree it looks more like a year now, but at least the company is holding and growing and that is all I can ask for for now. Helps me sleep at night anyways :)
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