SP1 0.00% $1.07 southern cross payments ltd

P87,There are dozens of companies out there that have had huge...

  1. 699 Posts.
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    P87,There are dozens of companies out there that have had huge rises in SP and no incomes ..... or very little. Look at Face Book , is that really worth what it is today ? From $35 down to $20 , now up to $50 odd. With tech stocks , how long is a piece of string , its all about potential and whizz kids in the back rooms looking to create the next big thing. Who is to say there isnt a face book genius in the back rooms of Applabs ...YOU ? . It would be a brave man to suggest there is no talent there when you don't even know them.
    Why not give them a go , stop being so economically negative and anal about these guys, its really early days.
    These guys are no different than the guys that founded globe .com , and they made a fortune .......... and lost it when the dot com days crashed.
    One line negative comments doesnt take talent. perhaps investing in telstra is more your style, good divi, and you can sleep at night. Others of us perhaps like to live on the edge , thats why we invest in Applabs.......... makes life a little more interesting.......... dont you think ??
 
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