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04/02/19
23:27
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Originally posted by farmerb22:
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I have been stalking this stock for a while simply because I have heard from so many random people how great the products are. Have been waiting for a while and have trade this as well before. Have recently bought again as more of a contrarian view. Sure the technicals look dire which I respect and the earnings have been questionable. There is always a point when price wise, you have to ask whether the company offers value and work out for yourself the risk vs return equation. My simple thinking is that either management gets to fix the direction and performance of the company going forward or someone decides to buy the company and fixes it. The important thing is that the products remain great.
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Are they making real sales which could turn into real profits or are admin costs too high or have the potential takeover buyers stolen all the good info during their due diligence?