Replies to post #2174 on AppSwarm Inc (SWRM)

[valuemanager]

Sponge -- I don't try to discourage you. Would simply like to hear your opinion on the estimations that I have made.

True, there is no published revenue of net profit figure at the moment. A proven way of estimating these is taking revenue estimations (which we have) and applying profit margins of industry peers (which we have). My estimations show an optimistic 3 cents of net profit per share.

See my earlier posting if you would like to dig deeper.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42181747

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42284493

As to your question, why I am still on this board even though I have exited my losing short position: I am probably one of the very few guys here who don't only try to push their own position. Hard to believe ... I know, this is penny stock land. Not that Wall Street was THAT much more honest.

[TripleL]

Fair post 'Sponge'... And agree with this excerpt of that:

..."I really don't think you understand the southwestern desert mentality. Nearly everyone goes to the desert to camp, and enjoy time with their families. This includes dirt bikes, ATVs, UTVs, dune buggies, and 4x4s. This company has strategically placed themselves in the heart of these activities with products priced considerably below their competition. They have chosen to expand through partnerships, and acquisitions, at a time when the economy is beginning to recover in their area. I grew up in So Cal, and I am familiar with how this area can snap back with a vengeance on any economic turnaround."...


Since having previousily spent the majority of my active life in the "Southwest Desert Region" I can attest to the fact that it "Tis the season" for some sales, accessories, etc. to ramp up there for companies such as San West... Holiday sales from/for all year round riding, (golfing included, chuckle), with exceptionally beautiful weather this time of year and running into the spring, eh?...