Replies to post #1411 on ImageWare Systems, Inc. (IWSY)

[EdBiometric]

I don't know how low it will go. One thing is for certain. If they can convert just one of the pilot programs into decent revenue the stock will skyrocket back into the $2s immediately.

That being said if they don't deliver any deals soon then there is nothing to keep the stock price from falling much lower. The valuation is high and although nobody knows what the real revenue potential is without any revenue generating deals you have to assume being valued at $100 million is too high.

I purchased a stock a couple years ago (DSNY). Actually generates some revenue and had another potential breakthrough technology. I bought in at $2 and then $1.50 and then $0.90 and today it trades at $0.30. I lost over $10k but still hold the stock today. Based on this very horrible outcome I've come to be very cautious when investing in micro cap stocks. Timing is everything with these micro cap stocks. When you get it right the rewards are high, but when you get it wrong they are dead money or worse.

I still like IWSY and believe in the future of biometrics.

[subslover]

awalk,

Yes cash burn always a concern,but IWSY surrounds itself with deep pocket insiders and investors so not as concerned as with other micro caps. I have no clue how low this will go and or if maybe today was the bottom of the snake pit. One thing that I am sure we all agree on the IWSY thread is that the shares were sincerely resilient bouncing off that 2.1/2 year low of .965 to base well above $1.00 for the entire afternoon to close at $1.10 and unless we hit another bump in the road its IMHO we have a nice rebound for the next few sessions.
I hope the Company has some good PR & News on the way, some mega million dollar contracts will be greatly appreciated at this low share price. I also still think we see Miller and Co filings form 4's next week. imo

I feel comfortable with my new positions taken here this week.

Have a nice weekend and always keep the faith here buddy!!

SUBS