Must admit I'm not watching the price action, so have no idea...

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keithsmum

152 Posts.

02/03/15

14:46

Post #: 14845181
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Originally posted by Teddyward ↑

Keithsmum. I will be surprised if the rise in price can be sustained as it has become a daytraders plaything so anything can happen in the short term. Depends if you are trading or investing and your time frame but I would go sprouting off saying others here haven't done their research based on 1 weeks of trading history. Did I buy it - no and have stated my reasons. Do I like the idea - yep. Do I think they have a viable business and are at a fair valuation- no I think they are overvalued by a large factor. All investors have a different perspective and differing levels of background knowledge and experience but blanket statements to put down some posters is a bit lame when your argument is that all issues are covered but many were covered in a shallow way and experience tells me they will have headwinds on many levels. Each to their own and I hope you have made good money and continue to do so. Please keep these guys funded as I want to have a go on a recreational model - you know the one they predicted in 2008 would be out by 20110 and still isn't !

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Must admit I'm not watching the price action, so have no idea with regards daytraders toy, will take your word for it, though it still seems to have underlying strength.

I expect pull backs, but still have half a hunch that this company is not quite so 'pie in the sky' as it initially appears.

A normal reaction would be "jet pack!! yeah right!!", but still happy to hold a few freebies for interests sake.

MJP Price at posting: $1.56 Sentiment: Hold Disclosure: Held
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