News Focus
News Focus
Followers 1
Posts 329
Boards Moderated 0
Alias Born 05/21/2003

Re: ontheedge01 post# 5703

Wednesday, 11/30/2005 7:43:54 PM

Wednesday, November 30, 2005 7:43:54 PM

Post# of 45771
"Well, I really don't know if that matters. I think you and I can name many stocks whose prices are off the charts and the revenues are not driving the price."

But there is the rub, there are revenues. To date, unless I missed something, I have not seen any revenues from the company. Look, things are looking much better than they did a month ago, no disagreement there. I will never, never again spend a penny on potential. I have been there, done that. Look at pinksheets.com and you will see many stocks trading under a buck that have solid revenues and cash. Just too small to want to spend the money on any other board but the pink sheets.

I hope I am dead wrong but I made a promise to myself I will keep regardless of how good things look. If I buy this stock and its two bucks a share and they have posted everything I am looking for, then and only then will I buy. You may say but look at the money you lost, I will still say, look at the money I saved if the tech does not sell as we hoped it would. Those who bought at 85 cents are not going to sell now, IMO, so I am hoping the risk they take works out just not for me.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today