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Re: SmallCapValueInvestor post# 39932

Wednesday, 01/15/2014 11:29:28 PM

Wednesday, January 15, 2014 11:29:28 PM

Post# of 123645
Like I said before, the website might matter. It might help legitimize them.

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.