Replies to post #24646 on InterCloud Systems Inc. (ICLD)

[PAPERBACKJOE]

Exactly no way am I selling this is the best opportunity I ever had to bank some serious cash

[Lonewolf1]

Well, $80 million ($78 million actually) is the company's revenue for the fiscal year not profit.

They lost about $27 million for 2016, though that was about a third of the $66 million they lost in 2015 They seem to be growing revenues nicely and reducing net losses as well as debt.

Financially they are trending well, it seems. But this is not yet a profitable company.

I agree this is a good opportunity to double your investment from these levels perhaps within a month or less.

Longer term, if they continue to perform well and become profitable we could be looking at a $10 stock.

Disclosure:I took a large position down here, and am now averaging just under .04, so in the red as of today but feeling like I have a sound investment.