X-stream finances. Practically every time you see financial reports from Internet companies, they lost money. But that's expected. Most spend every cent they have in getting their company known. Everybody is buying Internet stocks based on the future, not the present. So, x-stream's financials won't be any different. In fact, I have money riding on it. The quicker they report the financials, however, the better. What has everybody puzzled is how FreeServe, with 1.5 million subscribers, hit a high of US$102.00/share yesterday and X-stream, with 550,000 subscribers, is only US$2.25/share. X-stream operates all over Scandinavia. I was reading yesterday, on a per capita basis, there's more people on the Internet in Scandinavia than any other area of the world. So x-stream made a brilliant move getting in there.
Early, I get my live stock quotes from web broker in Canada - TD Bank. One big drawback, you can't see who's buying. I'd like to know who bought those 600,000 shares of X-stream yesterday with less than 1 hour to go in the market. Same thing could happen today. canadatrust.com is a 15-minute delay but they do tell you the last 5 or 6 TRADERS. Good Luck with Europe's most under valued Internet stock.!! |
