I do agree that people are over reacting regarding the results, however saying they are cheap and you're going to buy a shit load is boarder line gambling. FA wise nothing has changed to much, capex is high however this doesn't phase me as it is a startup and if you want to get it to break even by 2019 you are going to need to spend. TA wise the chart looks absolutely sh*t house and buying would only be a punt.
In my opinion I feel it's a hold unless your trying to day trade it for 10-15% or your SL has not been hit. It would have been good if Dave explained those receipts that are backed up as It would have stabilized the SP a little more, that wasn't done so he needs to start smashing sales with ohm or pull the rabbit out of the hat with some deal.
All in my opinion: DYOR and always run SL's
BUD Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held
