Posted On: 01/27/2016 1:30:01 PM
Post# of 96881
Re: Krisandtilly #49792
It's a start up company in an industry that is just starting to take off.
It's in a manipulated stock environment where the true value of what a company is worth is based on sheer speculation and whatever value the MM's give it.
Technical analysis as a predictive tool on a stock like this is pretty much useless because of the manipulated environment .
Reality of how business works is when sustained profitability starts happening is when company value increases and shareholder value goes up.
I'm thinking we will have a good idea of whats happening when revenues come out in mid February. I hope like hell they are good, because Ididn't invest in this stock to lose money either....
JMHO
It's in a manipulated stock environment where the true value of what a company is worth is based on sheer speculation and whatever value the MM's give it.
Technical analysis as a predictive tool on a stock like this is pretty much useless because of the manipulated environment .
Reality of how business works is when sustained profitability starts happening is when company value increases and shareholder value goes up.
I'm thinking we will have a good idea of whats happening when revenues come out in mid February. I hope like hell they are good, because Ididn't invest in this stock to lose money either....
JMHO
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