Very good point. I like your honest and reasonable opinion:) To...

Very good point. I like your honest and reasonable opinion

To wait for 30c or lower entry, is definitely a good tactic. Everyone has a different risk profile.
Low risk low reward, high risk high reward.

1PG was running way ahead of its progress to $5.69 last September, and that was why I posted warning when 1PG traded at $4.6s.

In hindsight, should SELL at $4.6s, should NOT buy at $4, $3, $2. I did try at $1.7, but failed and stopped out. But at 40c, what is the risk, to 30c? 33% downside. They have $37m-$38m at the moment based on my estimate. Cash burn rate is reduced to about $3m/quarter ($4m expenses less $1m revenue ($4.8m annual booking start converting into cash, without accounting for any new contracts), remaining cash can last for another THREE years!

1PG does have product and world class tech team including ex-Yahoo CTO, also has 33 enterprise clients including Starbucks, Amazon, Duestche Bank.

They may turn around over next three years. abo83 did a good exercise, if 1PG just signing $1m contacts every quarter, 1PG would turn into profitable in 2.5 years.

Definitely it was a warning at $4.6, but after smashed 93% over last 11 months, I believe reward/risk ratio is compelling.

Always do your own research and take care of own Hard earned money.