Because it details how much money they have.
Because it details how much revenue they don't have.
I'm a SAS believer but @hoofa does have a point. SAS is way over valued for a company that does not generate revenue.
Let me say that again No revenue. No cashflow and definitely a long way off profit....
....but it does have a crap load of potential.
This is still a gambling stock....and because of that it is still a multi-bagger even though it has multi-bagged already.......it could also fall flat on its face if it does not convert potential into meaningful business that warrents a $300,000,000 market cap.
Just be weary of the over dramatic upramping here.
All being said it is still a buy for me.
SAS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held