Wednesday, January 15, 2014 11:29:28 PM
In my opinion, the only reason this stock isn't higher is because there are legitimate reasons not to believe them because their PRs have been predominately fluff. Nothing substantial yet, like actual revenue coming in.
I've gone back and fourth here with this one. I'm in right now because I think (i) I think the price will go up on this even if in the end the company turns out to be terribly misleading us and (2)I think it is a 50/50 shot that the company will actually be in US stores and will deliver on the Brazil contract. The upside outweighs the downside.
Looking at the PRs, suppose they are true. What should they have done? Not released a PR until March? So from that perspective, I'm okay with the fluffy PRs... but I won't believe them until they actually happen.
I think where it is right now is a fair price considering the risk.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM