Replies to post #53841 on SPOOZ Inc (SPZI)

[ThSeeker]

About 75% of me says little effect and may even help. Because when times are tough getting access to anything that will give you an edge for improved profits looks very attractive. When times are tough so many of the normal things fail to produce profits so need for greener grass looks even more important. 25% of me says it could hurt because when times are tough people just don't feel like being adventurous. They pullback into their shells. But I would think that the type of people that would use Spooz tools would fall in the first catagory. And look for an edge --- that's good for Spooz. Especially true for spooz products which work in both up or down markets.


It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

[CapnDon]

I'll take a stab.
I really don't think this particular stock will be affected substantially by the economy. The people who use the products are looking for an "edge" that will work in any economy or market condition - and we've got it.
If anything, our products will be more attractive because of their very low price/performance potential. Traders make money whether the market is going up or down. I really doubt that traders are canceling their subscriptions to the expensive tools just because the "economy" is bad.
The "economy" is still growing, albiet slowly. Yes, we might be entering a recession, but we aren't there yet by all of the normal indicators.
The price of oil seems to be driving most of it and there is a simple solution to that - drill here, drill now. The price of oil dropped by ten bucks just on the strength of the President rescinding the executive order against drilling. To me, that pretty well proves that point.
I have the impression - can't put any actual numbers to it - that this stock has gone up when the market was going down and vice versa.
This is all just my humble opinion.

[wildcard1]

Just like the sales of RV's and SUV's

[Gbathat]

When the economy is in trouble, people are generally less willing to take risk. Therefore, Spooz is probably affected on a variety of levels- funding sources, potential clients reluctant to switch their software (probably carries substantial risks and resources), and a derth of penny stock investors interested in diving to a company whose pps has tanked.

Just my opinions.

I am still confident Spooz will succeed based on the dd shared on this board.