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jonman

02/10/11 10:26 AM

#174166 RE: ArmStock2009 #174164

They took 14.95 from me this morning. They have at least 1 sub....patience wearing thin!
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NOBO

02/10/11 10:29 AM

#174171 RE: ArmStock2009 #174164

Agreed--we dont know but based on operating cost models (employees/exces, lease, vendor costs,marketing...) there is a revenue stream that can not be funded by just selling the amount of shares here
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free_man_n_paris

02/10/11 10:38 AM

#174177 RE: ArmStock2009 #174164

Right Arm, cause don't you think if they had even decent sub #'s resulting in decent recurring revs, that they would be touting that point.
The silence, in contrast, can only lead one to think the opposite must be true. They are struggling mightily from a financial standpoint and there very existence could hinge on completing their platform change to get the so-called deals in place, or to find a buyer at this point.
If they were to sell now though, I'm afraid purchase price would be way too low for most to recoup their investment.

There's just no denying this company has some very serious problems. Whether they can be overcome remains to be seen.
And Watson just keeps digging that hole deeper.
Should make any serious investor question what is going on here.