krea... I have seen you post comments about needin
Post# of 45510
krea... I have seen you post comments about needing real revenues, and revenues being the only thing that will move this PPS. While you are certainly entitled to your opinion, could you justify WHY you feel that way? Can you point to any examples, or research that supports your position? Making unsupported claims (for or against) is what I think upsets readers. No one is afraid of a good debate here, but most need something to debate... some data, or research, or theory based on examples that illustrate an opinion.
I have seen stocks rise and fall on good earnings reports, therefore in my opinion earnings are not a good predictor (nor a guarantee) of future performance, and that is why I asked for justification. I think those that are wanting the PPS to rise, just might be disappointed come ICPA earnings time. Earnings reports are a strange brew. Sometimes, no matter the level, they help, while other times no matter the level, they hurt. There are mining companies losing millions that have great PPS's, while other stocks have great earnings and have a poor PPS. There are many seasoned investors that will not hold a stock through an earnings report because such is so unpredictable.
ICPA could break out before an earnings report, just because more people believe there may be an improvement in the future, and buy, or buy more, shares of the stock. I personally think too many investors look for the silver bullet that will drive the PPS to explode upward, when in fact its the steady improvement of the company overall that builds investment interest. Its been said many times before... this is not the stock to be in if you're looking for a fast turnaround of your investment. However this IS a stock that has enormous potential - at an unbelievably low price.