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bosox1

07/24/12 9:15 AM

#30276 RE: g2nec #30275

Your right, I do feel pretty foolish right now myself. This is the reason you should only flip penny stocks. Silly me thinking PVSP was the exception to the rule.

At some point I guess its still possible they will start to become profitable. I thought maybe by the 4th qtr this could happen. Dont think so anymore. Earliest now imo is sometime next year.

How many more millions of shares will be dumped on the market by then.
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RMD1

07/24/12 11:53 PM

#30300 RE: g2nec #30275

Now that was a good post G2. I do appreciate that info. I guess I still do have my concerns. However, the google app download chart is transparent. The reason I held off before because they had action plans, but no action. What has caught my eye is the app downloads. We will not know until the next Q if June revs were up 9% over May...but if they are, this will grow exponentially. There is a 30 day lag due to the free month. The action they finally took was the Intl App. Now we are seeing something. As we all know, the download chart really started taking off in June and all their Intl plans were in place. If July and August keep the pace, we will have a nice Christmas. However, I am with you on some of these partnerships. Until I actually see the action. I am not getting excited. As I have been doing more research on apps...that 100,000 download mark is key and the 10,000 paid customer is huge. At that point you have your own sales staff telling their friends about the app and it explodes from there. For now, I am feeling better...unfortunately I just have to see some more "up and running" vs "going to be". Subpenny is going to be my next round of buying. I will try to hit the million mark at that point.