optimus, I am also down a ton on this stock but I still believe that both the company and business model are legitimate and strong. Instead of crying in my beer, I have been adding and averaging way down.
A strong quarterly report on the 23rd is the catalyst we need to drive this back over three in the short term IMO. I am hoping to see .18 eps or better.
"True but the research facility does very little to the bottom line. After all, investors are more interested about profits that research and development ... "
Verifiable US research and development = verifiable business = reported profits are more likely to be accurate = a BOAT LOAD of profits per share @ PE of 2 is more likely.
Thus, I'm very interested in the research facility precisely because I'm very interested in capturing a lot of profits with my investment money.