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adrenalinerush

03/31/09 6:45 AM

#51873 RE: lkozaddict #51872

Actually they did not make any money, they lost money. Further, they predicted 11 million in yearly revenue and then confirmed it mid year then booked 6 million. While I beleive the revenue increase was good the bottom line is no credibility equals no rise in share price. So we wait to see what 2009 brings.
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Uranium

03/31/09 11:03 AM

#51875 RE: lkozaddict #51872

I put out a challenge on many boards to show me companies that had over $6.6MM revenue in 2008 and are trading for a penny. I received two responses, SPNG and another that looked real iffy. I think it fair to say that there are not many micro-caps out there with this kind of revenue and growth rate that are trading for a mere penny.

I have, admittedly, always overestimated the share price growth rate of CHDO. I see what I see and don't always understand why others don't. Patience, paitence. "Build it and they will come".
U