OT:
It has been a long time since I have posted here and I wonder why people are still screwing around with this company. Good idea and technology. Lousy execution so far. For those of you that remember me I was a big fan for several years but the company is not delivering and it has diluted shareholder value to be able to pay its bills. EVERYONE IS UNDER WATER IN THIS ONE UNLESS YOU ARE BUYING NOW.
Hopefully you guys are investing in other companies that actually have earnings and are generating revenues, which is what drives stock prices.
I have invested in several smaller companies in the past year or so and have been lucky enough to have made money in both.
One of them is Jamba which has 700+ stores and has signed deals with Pepsi, Nestle, and has distribution agreements with several other companies which have their products right now in thousands of convenience stores and grocery stores across the country. They are essentially debt free and the stock sells in the $2.00 range. The next 3 or 4 quarters ought to see the company earning money as it has multiple royalty streams getting ready to hit its bottom line.
The other is IGOI which is a power management product manufacturer
for rechargeable devices such as cell phones, cameras, laptops, game systems etc. In the last six months they have begun putting their chargers into Walmart, 3,000+ stores. They are already in Office Depot and Best Buy online and Best Buy kiosks. In total they are currently in 15,000+ stores across the country and in Europe. They have had 5 patents or so issued to them recently for power supply items. They have also signed a deal with Texas Instruments to manufacture and market their power savings chips to OEM's for laptops and other devices. The stock has moved up comfortably in the last year or so and is now trading in the low $3.00 range. The company has no debt and is profitable. Good things are happening for this company now and Walmart is adding new SKU's to its line.
I hope you guys get back to the basics with your investing and watch for stocks that have reason to rise in price.
Anyone who wants to exchange ideas that have value can contact me at stocktrendtimer@gmail.com If you want to talk about this little company don't bother to contact me. I would much rather put my energy and time into those companies that have growth and earnings potential.
HS Trader you wanted to trade ideas, well there are a couple for you.
By the way CP how did EXC work out for you. Yeah that's right it is still sucking eggs and four dollars a share lower than when you were liking it. Don't fight the tape and don't fight the trend. Buy what the big boys are buying sell what the big boys are selling.