Goodspeed - followed you over and doing DD this we
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Posted On: 02/04/2017 11:40:08 AM
Re: Goodspeed65 #25
Goodspeed - followed you over and doing DD this weekend. From your quote below:
"OTC stocks in the penny neighborhood don't generate profits. If they did they wouldn't be trading in the pennies anymore. "
Look at VASO. I am a VERY long term shareholder. They have been providing EBITDA in the several MM range last couple years with both growing top and bottom line and their stock has done nothing but drop and languish for years despite the numbers. Some inside stuff going on turning shareholders off but this is a direct example how confusing and erratic OTC can be. That being said - I still hold the majority of my position in VASO and probably willl add prior to 10K which should be out 3/30. Im expecting bestbyear ever top line and close to it or possible exceeding it bottom line ($3.8MM).
This one looks interesting on several fronts (after cursory review) including (and especially) balance sheet/debt. However, the industry is rather foreign to me. Have to better understand it. Thanks for the heads up. Let you know what I find.
Another one I have been building a position is BTGI. Has some similarities for OTC land
"OTC stocks in the penny neighborhood don't generate profits. If they did they wouldn't be trading in the pennies anymore. "
Look at VASO. I am a VERY long term shareholder. They have been providing EBITDA in the several MM range last couple years with both growing top and bottom line and their stock has done nothing but drop and languish for years despite the numbers. Some inside stuff going on turning shareholders off but this is a direct example how confusing and erratic OTC can be. That being said - I still hold the majority of my position in VASO and probably willl add prior to 10K which should be out 3/30. Im expecting bestbyear ever top line and close to it or possible exceeding it bottom line ($3.8MM).
This one looks interesting on several fronts (after cursory review) including (and especially) balance sheet/debt. However, the industry is rather foreign to me. Have to better understand it. Thanks for the heads up. Let you know what I find.
Another one I have been building a position is BTGI. Has some similarities for OTC land
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