Howdy MSB,
The charts still suggest Xyber has a bit farther to fall (reference the 1 day, 3-day, 10-day, 30-day, and one year charts), but a bottom has to be near. Most recently I've learned that "guessing a bottom" is futile, and I already know enough to never catch a falling knife, so sitting on the sides is easy.
I still see hope for Xybernaut. While I expect the consumer market will completely sidestep the wearable PC and create a new archetype, I still see a long-term industrial market which awaits a satisfactory wearable PC.
Xybernaut needs to do something to create a bottom to the stock price. Their current product, future prospects, and burn rate offer little hope to the investor, but the new "factory direct" communications forum at: clubs.yahoo.com seems like it might help generate price support "at some level" if it disseminates timely and frank information. I've only had time to review a few posts, but so far it looks like a valuable resource. Too bad it took "the desperation of ones" to get this forum moving, but it's here, at least for now.
Good luck longs (we outsiders already feel lucky),
Shoe. |
