HOPE YOU GUYS TOOK SOME PROFITS TODAY AS I SUGGESTED...News today sounded good but may actually be a little troubling. Let's discuss this and get some answers....
Does anybody think it is a bit odd to announce this agreement with D&B so late in the game? Somebody should do what I did early last week and CALL! Ask them to explain whether this license was JUST negotiated with D&B. If it was, I don't see how they can incorporate it in their website and fully retest by May 15th. A delay in their launch would not be good, expecially when IR told me May 1st originally. Someone needs to ask that question and post here. We all have to be careful when a stock goes up this far (a 5-bagger for some of us), it can drop pretty fast. Time to get our heads out of the sand.
We also need to get an idea of revenues we can expect. Please ask questions relating to how many subscribers they expect and when they expect to show a profit.
These questions weren't as important at $1-3 but now at these higher prices we deserve to know if the stock can support these higher levels, so we can find FMV fair market value). I think this stock is a good buy under $3.00 but I never chase a stock that had doubled or tripled. I think this stock (pending the anwers to the above questions) should be $5-10 in the next six months if everything proceeds perfectly. But I am worried about delays in the launch, revenues and especially profits.
REMEMBER...no whining... THOSE OF YOU WHO BOUGHT AND SOLD WHEN I SAID, GOT NEARLY A 5-BAGGER...now.... we may see $10 soon or we may see $2-3. SOMEONE GOOD WITH DD CALL IR AND ASK THE HARD QUESTIONS.....learn to look behind the news folks, learn to ask questions, hard questions, protect your money! There are always more good stocks.
I love this stock but must admit, I sold all at $5 (it ran too fast) and will get back in when the above questions and other are answered to my satisfaction. When a stock runs this fast (rather than 1/2 point or less each day), it does not usually build the strong legs and when people get out the stock plummets. It will rebound IF AND ONLY IF, the stock is still considered valid and a bargain. The above questions and answers will determine whether INVESTORS will get back in or stay. INVESTORS are who will drive this stock higher now. The daytraders may largely be out by now or will be very soon. It is possible that daytraders may come back in one last time if this thing drops to $2.00 (I doubt that it will get to that level)
GOOD LUCK TO ALL...DAVE (on vacation..Universal Studios all day Thurs) |
