Quote from moneym8ker: "I'll probably kic
Post# of 82690
(Total Views: 329)
Posted On: 05/24/2017 9:53:04 AM
Quote from moneym8ker:
"I'll probably kick myself later, or eat some crow soon BUT no one can deny that SFOR is rangebound with what appears to be a support level underneath.
SFOR has kept and held the penny point for well over a month now.
If a penny can hold, then the upside potential vastly outweighs the downside risk of a 30% loss.
Nothing has changed as far as cash concerns go. There has been nothing out of the SFOR camp (actual SFOR, not day dreaming MB posts) to suggest that revenues are going to save the quarter.
There's no indication of a share buyback and Mark Kay himself has said there are no buyout deals on the table and that Q1 and Q2 will be nothing special.
All of that being said...the powers that be have seemed to put a floor under SFOR.
I've been a buyer for a few days now. I'll continue buying. I believe what I wrote yesterday:
If SFOR can win some beneficial settlements and put out some nice press, SFOR can easily crest over $0.10.
I'd like to see it sooner, rather than later because without a massive increase in revenues, SFOR will be out of cash or damned close by the time Q2 ends on June 30th. "
"I'll probably kick myself later, or eat some crow soon BUT no one can deny that SFOR is rangebound with what appears to be a support level underneath.
SFOR has kept and held the penny point for well over a month now.
If a penny can hold, then the upside potential vastly outweighs the downside risk of a 30% loss.
Nothing has changed as far as cash concerns go. There has been nothing out of the SFOR camp (actual SFOR, not day dreaming MB posts) to suggest that revenues are going to save the quarter.
There's no indication of a share buyback and Mark Kay himself has said there are no buyout deals on the table and that Q1 and Q2 will be nothing special.
All of that being said...the powers that be have seemed to put a floor under SFOR.
I've been a buyer for a few days now. I'll continue buying. I believe what I wrote yesterday:
If SFOR can win some beneficial settlements and put out some nice press, SFOR can easily crest over $0.10.
I'd like to see it sooner, rather than later because without a massive increase in revenues, SFOR will be out of cash or damned close by the time Q2 ends on June 30th. "
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Never argue with stupid people, they will drag you down to their level and then beat you with experience.
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My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.