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Posted On: 06/10/2017 9:42:27 AM
Post# of 11802
The good news is all of these questions will be answered by the end of the year.
My investment here (hundreds of thousands of shares) is being evaluated on a quarterly basis. As long as I see quarterly revenue beating last year's numbers I'll probably hold. I expect to see big gains in revenue going forward, if that doesn't happen I'll have to say management cannot execute and will sell and move on.
There are valid criticisms that can be expressed and are deserved. But I can say the same thing about all of the companies which I own stock. But as I said these questions will be answered by the end of the year.
The market cap is only $5 million, even with some stock sales that's tiny compared to the opportunity in the multi-billion dollar market.
Admittedly I expected the share price to respond better over the last 6 months. But due to several factors, (including missteps by management) that has not been the case.
So I wait and watch.
My investment here (hundreds of thousands of shares) is being evaluated on a quarterly basis. As long as I see quarterly revenue beating last year's numbers I'll probably hold. I expect to see big gains in revenue going forward, if that doesn't happen I'll have to say management cannot execute and will sell and move on.
There are valid criticisms that can be expressed and are deserved. But I can say the same thing about all of the companies which I own stock. But as I said these questions will be answered by the end of the year.
The market cap is only $5 million, even with some stock sales that's tiny compared to the opportunity in the multi-billion dollar market.
Admittedly I expected the share price to respond better over the last 6 months. But due to several factors, (including missteps by management) that has not been the case.
So I wait and watch.
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