well your reply pretty much validates my post. either you have nothing to refute it with concerning the long term viability of PSWS or it is incomprehensible. i understand that. years ago i ran across a guy that was the same way. i could not understand why they would take the time. but, as i better understood the markets, i learned more (like most) from the mistakes and really became much better at DD due to those mistakes and realizing all of the ways companies can hide the plain truth right before ones eyes through the use of convenient verbiage. i argued with that guy back then about noone spending the time and eventually understood.
as far as the market disagreeing with me - that is trading volume. not investing volume (at least not with respect to long term investing).
2.5MM shares have been traded today. that is $3000 worth of stock. $3000 worth of stock on how many trades...? that is volume by day traders looking to make $25-50 a trade. not long term investors. again - $3000. that is NOT the market talking.
when you guys are here a month or two from now still holding positions - then you can tell me you told me so and tell me how wrong i was about the long term prospects of PSWS.
in the meantime - trade the pennies and make your $100 on a trade. just dont try to BS anyone on how great this company is.
>over $45MM in investors money spent and only $300K in revenues over the life of the company basically around 2 sales. try finding someone to discuss either sale at the customer site.
>over $5MM in debt that is past due
>less than $150K in inventory (not even one machine to sell)
>1.5BB shares authorized
>company refuses to provide any numbers or guidance with the alliance.
i have yet to see one post on this board discussing the actual merit of the company's financial position, history, cash position, ability to finance the deal, etc.
again - as a trading position. good luck. long term doesn't matter. but dont claim the market doesnt agree when $3K worth of stock has been traded.
AI
