Replies to post #71318 on Savvy Trades and Investments

[OBrien]

VASO- After thinking hard about it I started selling late last week and this week.
After buying a large amount of shares in the .01s over the last several months.I’ve sold over 2Mil shares between .03-.042
I like the potential but can’t say I totally trust management.
That said, I still continue to hold a chunk because I do think it has the potential to be a big winner if they can keep spending under control.
I’m really trying to balance my account a bit and transition to more quality stocks during this mess.

[otcbargains]

I gave up. A sure sign it will be trading in the mid to high .20's by the end of the year.

[Traderfan]

VASO, interesting, peeps now selling the stock way below cash levels despite one of the best quarters that I have seen out of them.

[SSKILLZ1]

VASO

Maybe it is just me but I don't see the appeal. The stock is trading well over 100 times 2019 earnings, and it is crazy cheap?

Although q4 is nice do realize that q4 is because of the professional services business which makes it's year in q4, long wait till the only profitable part of the business well is profitable again.

Now I know what people are saying two quarters in a row profitable, but to me q3 was mostly a fluke, as it would of reported losses if it's usual ineffective IT business did it's norm. After q3 there was some hope there IT business would remain profitable, it didn't in q4 back to losses, making q3 look like a anomaly. If the IT business doesn't turn a profit this company yes they will post huge q4's and might make good trades going into q4, make no mistake, the company will be largely needing that q4 to get back to even or get a small profit. The liquidity on this one will eventually dry up (Trading volume), and I'm not overly confident in management, plus that acquisition was and still is a huge disappointment and until that changes, don't see any reason to own it. As I continue to say everyone wants to talk about how great q4 numbers are I want to talk about how the thought that just maybe they were turning the IT business around kind of had it, and to me the stock is essentially at FV, and that is thanks to it's cash position, otherwise in my opinion it should trade even lower. All is just my opinion, and I could always be wrong though.