Look, DYOR. But my personal experiences have led me to be burned by companies exactly like this; promising 'fast track growth' this and 'pipeline of revenue' that (CRO *cough*). To me, the MD or CEO can say whatever they like; but the financials will paint the picture here - and so far, they aint saying much.
My 2c on the business model; Razer attempted a model like this before, and failed. Why all of a sudden will it be different with ESH on board? IMO their platform is just 'meh' and I don't believe subscription based revenue in a competitive gaming is sustainable for a NUMBER of reasons.
I don't really care enough to dissect every report and preso this mob has done, I just like to drop by and give out a free reality check to those who clearly don't want to hear it.
TL;DR
I'm willing to buy back at 5c, 10c, as long as I know the company is legitimately making money. The risk/reward ratio here at 2.7c is great, but also is very expensive for a company making $4k for the quarter. You should consider your own risk/reward appetitive when investing in tech stocks like this.
As I said, DYOR and be careful. Don't listen to the painfully uniformed who spout nonsense because of the amount of skin they have in the game. Make up your own mind.
Cheers.
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Price($) | Vol. | No. |
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