I think everyone is waiting for some substantive news with some sort of indication on what it means to the bottom line. All the press releases have been great, but what does it mean as far as sales, profits, etc. How many of the "Diva" CD's does the company expect to sell? How many Bings, how many Dukes? How's Barry Kingston's CD doing? Has it reached any landmark sales figure (e.g. 10,000, 50,000, 100,000, 14?). So far on Amazon his latest record is ranked 171,023 (with a bullet). Christine Ohlman? Anything there? Is the company generating positive cash flow? Any projections on Rockapella's CD? Is there going to be a Rockapella CD? Any projections on when company will become solidly profitable? Any big investment banking relationships on the horizon? Any big-name people to add to the board?
Lots of questions. When they are answered, the stock will go up. Right now, it's hard to attract new investors because all they see in the recent 10Q is declining or flat numbers. Is this a growth stock?
Gut feel says yes, news releases seem to indicate so, but posted numbers don't give a clear picture.
Not a whole lot of float, so when substantive positive news does come out, it can move quickly. It also has the distinction of being fully reporting, which is a huge bonus in the current BB market. With many BB's falling by the wayside, those wishing to stay in BB investments will have less stocks to choose from, which hopefully will mean bigger pieces of the pie for those remaining.
Gator |
