Originally posted by Mickmate1
Signing 'binding contracts' doesn't even increase the share price for more than 3 days. Hard to believe this company won't go down a bit further in the short to medium term - unfortunately for all holders.
In the grand scheme of things it does not bother me. I have a small amount invested at this stage but I enjoy the topic. A nice sideline hobby.
Would it be nice if the chart was on its way up sure.
IMO this is not a company that is going to appreciate in value tomorrow, but when all the pieces are in place then its gonna rise quickly.
You have to ask yourself: How can a full contract be in place without a product? SAS doesn't have a product (other than the test Sats). When they have a product and they are tested for a few months then SAS will convert those MOU's.
This is a long term stock. Not a quick scalp for 20-30-40%.
The choices are simple. 1)You don't like the stock at all and walk away, 2) You like the story but will wait on the side lines to be fully convinced (Smart). 3) You feel confident in the research despite the naysayers and you slowly accumulate using any spare savings (my option).
Pros
I feel the tech is strong
The networking has been strong
MOUs so far are covering multiple geographical areas
Con
Financing....but I am of the opinion it will come. (Speculative
guess could be Gomspace themselves, as there is already some overlap between the two companies)
Just my thoughts
