When one invests in a companies stock: 1. Deter
Post# of 40989
1. Determine what sets that stock apart.
a is it unique, or how unique is it?
b are there major competitors?
c is there enough revenue to support all or most competitors in this area of investment?
d does it have patents or at least a loyal customer base? (or have a potentially significant client (s) on horizon?
2. Management
a Are they experienced?
b Were they successful in the past and at what level?
c is CEO or CFO of reliable/ good reputation?
d look at past involvement by CEO in similar companies, Or is this their first
venture into leading a company?
3. Technical
a do they have some technicians/ designers who can provide what special applications a unique customer may require?
b have they shown creativity in meeting customer demands?
c does the company have ability to provide different revenue streams with varying products & or applications?
4. Financial
a have officers of said company shown they are trustworthy?
b do they meet your expectations of frugality?
(even when it is necessary to spend to sow seeds for harvesting, do they spend within reason)?
I think ONCI meets enough of these questions with a positive response.
Yes, Steve has been disappointing in some regards, especially to timing, but considering the OTC Pinky market, and the difficulties of a start up operation, I am willing to wait some more.
I have gotten back into this after seeing it rise to over .016 Sold off at a profit (not quite that high) & now I am getting back into it. (it's now at a similar place where I first invested in it.)
p.s. I don't get into a stock to flip it ; initially I only took enough profit to get my initial investment back (always a good idea) but when it sank to .007 i sold all.