BLV blossomvale holdings ltd

the faith in nms, page-5

  1. 3,445 Posts.
    Mula

    I was the same.

    I believe and still do in the technology. Problem I have is that I had too much faith in the company. I really believed that revenues would be spearheaded by the Danish contract (they told us it was going ahead many times) - and then they just stopped mentioning it. I also believed in the IEV deal and now that doesn't get a mention anymore (any info much appreciated as to why it failed or if it is having extended teething problems).

    Now they want me to believe in the next plan of integrating with other services. The difference is they have good management now, but once you fall out of love with a stock it's hard to get the enthusiam back. I figure the market feels the same. Previous announcement by NMS used to get huge volume and the latest one barely caused a ripple.

    I can't complain because I sold alot on the way up as part of my risk management, if I hadn't I would be very, very disappointed. Neverthless I still have a few oppies that sell for 24c now instead of $1.30.

    I think that Meerkat stated a while back that revolutionary technologies in reality take a long time to commercialise and establish consistent revenue and profits. Seems to be the case here.


    Mookie.
 
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