4DS is a lottery- you buy a ticket at a small price, if you win it would be huge! Still the case even though the sp has dropped, it was bound to happen on a negative or less affirmative news.
When I suggested a YOJ exit to enter 4DS, it turned out right even at today's price. I wasn't comparing the two companies in terms of business or potential but the opportunity costs YOJ holders incur holding onto a 'dead stock'.
I wasn't kicking this dog when it fell to this level- I have been cautioning holders since the massive performance shares were issued , the sp were still in the 20s. You may not have been a holder then.
If you play these sorts of specky stocks, you need to know when to call it a day- and you want to do that when you still have gains, perhaps even sell to take back capital and let profits remain in stock for any eventual upside.
The reality is that only a handful, maybe 5% ever become an Appen- and I did show you (see my previous post here) that you could still climb on board Appen after it proven to be successful and still get better returns than staying in YOJ.
If and when YOJ gets traction with a game changing deal (with revenue ramifications), it could jump 20-30% to 10-12c and IMO it would be a better case buying it then than staying put in. Until such an event happens, it would be range bound with a downward bias and could even sink lower with worsening prevailing sentiment in the small/microcap space. The issue is YOJ state of progress, both in terms of revenue and business adoption, does not warrant an $85m market cap and over time, the market will have its sp adjust to reflect its worth.
YOJ Price at posting:
8.7¢ Sentiment: Sell Disclosure: Not Held
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