All I can figure is some people are satisfied with a one bagger meaning 100% return. My cost basis is .43 and that is only because I bought a huge chunk at .96 when it was on the move two years ago I think not was. The think they can sell make some money here jump into something else and still make it back for the next big party. Of course you still have to consider the shady mms and the shorting.
IMO opinion pure lunacy to sell right now.
I have thought a lot about those numbers RG released yesterday.
My parents have a wireless internet business that has about 900 customers paying an average of $45 a month for their services. Bottom line the companies revenue is about 1/2 a million dollars. So it would be easy to write off what RG released yesterday as no big deal. If you did though the truth is you would be sadly mistaken.
WHY you ask? Well that's a good question.
My parents need 900 customers to get what RG gets from one customer. If RG had 900 customers then we are talking 225 million in revenue assuming each customer gets a build out for 250k which I think is a low estimate. There is a thing called the snowball effect. It starts off small and gets bigger and bigger. If you are paying attention to the revenue growth which is the biggest key to the YIPI puzzle it is quite outstanding.
Bottom line you might not think the financial guidance is all that great but sometimes you have to look at what's behind the numbers. And what is behind the numbers is that the majority of that revenue is from one or maybe two customers. So basically each new customer will increase revenues by 50% to 100% each and every time. I'm telling you this thing is going to blow.
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