Replies to post #304 on TowerStream Corp. (TWER)

[frankvestor8]

Hi TWER, it all depends on your expectation.

I looked a bit more into TWER, it does look like a potential short-term turn around long play. (1) Wireless assets that can be monetized and not reflected in balance sheet, (2) Q2 operating metrics expected to improve significantly.

Management is talking about going to adj. EBITDA positive. But I'm not sure if they can make that happen in Q2. In Q1, adj. EBITDA was $-2 million, or $-3.3 million ex. gain on sale of assets.

Cash likely to be at $9 million level when Q2 result is out. At $2.5 million cash burn rate they forecast for Q2, this could last 3 quarters at least. It should be a short-term trade only.

Will be pondering how to profit from it going forward, long or short. Thanks for your tip on this stock.