$1 Plus in few weeks, page-23

  1. 4,122 Posts.
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    "But at 40c, what is the risk, to 30c? 33% downside."

    Hmmm, 33% downside? Wouldn't like to see those numbers next to a stock I hold. I'd suggest the risk is that you hold and hold and hold, waiting for them to deliver and all the while the stock drifts and drifts. They run out of cash, dilute the register, you keep believing because they have this customer and that board member and you wake up one morning and realise they price is 5c and wonder where your cash went.

    There is no fundamental reason to hold this stock at the moment. Good for a trade, but I'm thinking there is risk to the downside here if they don't start delivering.
 
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