Originally posted by brolgaro
Nice to get a mention. For the record have purchased and sold three times recently buying at $1.64 and out yesterday at $2.98. A very nice return for such a short time. For the record I like the stock at the right price but I despair at those on here that blindly recommend. In my humble opinion I think the current price without further news is about right. Will continue to buy on weakness but have learnt the hard way never to pay too much for a promise.
It's a good thing they announced good news today then huh
Nah valid points for all to remember though. Never fall in love with a stock, and always keep an eye on the metrics. This one is hard currently because it's all future value/revenue potential as not a whole lot of revenue was seen last year.
It also takes a lot of watches to reach decent revenues (143000 by my count to get 50million revenue) and that needs to be achieved each year.
regards
Karl
