Linkedin trading at 953 PE 23 Billion dollar market cap on $26 million in in profit.
Whatsapp- 19 Billion dollar acquisition with 55 employees
Both in the same industry as Viratech. How would you describe the space. It is a White Hot Market Segment!
No then what is Twitter's PE!! negative $1.59 a share with a 30+ billion dollar market cap. Can you say Revenue Immune Industry...
White Hot and Revenue Immune is how I described the market, show some respect sidedraft, you might hate the company (obvious) but attack me personally after I go through research and point element to be explored. Show some class.
1. I looked at the charts, very little trading (most days 0) means to me very few people know of this.
2. Management owns alot of shares and doesn't sell, and they are quiet. Tells me they are focused, they are in R&D not pump and dump.
3. The float increased 79,000 shares since March 2013. Tells me that they are not printing shares.
4. The Company is still executing on the same model as evident by its filing in February 2014. Tells me that they MIGHT have something.
5.The industry they are in enjoys a very high PE multiplier as evident by Linkedin, Facebook, Twitter, Whatsapp and Snap Chat valuations. Tells me that that they are in the hottest maret segment on Wall Street today.
The purpose of this board needs to move from the jaded to who knows something. I want to see the tech, I want to know from that standpoint what this all about and so should you, that is if you have an investment here. If you don't please show us who are trying to figure this out some respect.
6. This company does not put out news, this tells me they are conserving resources and executing. Read the the last report, they had news here and decided against it, IMO. This makes me want to know what they are doing more, and you should to.
Why!!!
Because IF, and the key word is IF they have something hot we have the opportunity to get a piece of it. Because last time I checked I couldn't get Facebook, Linkedin, Whats AP, Twiter, or Snap Chat share cheap at the beginning. Unless you are a VC firm on Sand Hill Road, This might be that possibility that is available to all.
That is why I would like to challenge my fellow traders, to lets get some due diligence done. M1999 did a great job on the transfer agent calling them up and finding the float to be 85,000,000 shares rather than the 753,000,000 issued and held by senior management.
M1999 also found out by the transfer agent that the float only grew 79,000 shares from March 2013 to March 2014.....79,000 shares
This company DOES not trade......the sock price IMO was walked down by MM manipulating a thin float with no support.
Last year the stock was trading on volume 100,000 shares plus on prices north of $.70. Once again not alot of selling at its highs.
Lets work together to find the technology, does anyone have copies of the books they were selling. This might be a good start.
Good luck to all
AI
