<<I think the fact that it really doesn't have any earnings puts it in a different category in this particular market. I hope that it does come back, and soon, but I'm afraid the climb back will be more difficult than the others you mentioned.
seahorse>>
Well you have a very good point. However one could also look at it like like this.....Isn't it nice to find a company at the beginning. Sure it's nice to jump on the bandwagon after the fact, but lets face it, every single company trading publicly had to start somewhere. I know I sure as hell wish I had bought hundreds of stocks, years and years ago, prior to them earning any money. Now, does that mean we blindly run out and buy a bunch of obscure stocks with no earnings? No, of course not. I hope we dont blindly rush out and do anything. The key is finding these companies prior to them having huge success and getting on board. In my humble opinion, I think IARC is a company, as you said, with low earnings to date, but the potential for a near term explosion in earnings. Heck, I think they reported like a half mil in revenue last quarter, yet they have recently signed several multi million dollar contracts, and are just now getting started. BG ( CEO ) stated he expected to be profitable within a year. That means an awful big explosion in earnings. Anyway, this is all my opinion and I guess time will tell. there certainly are no guarantee's. With companies like IARC we are certainly taking more risk then running out and buying qcom or msft ( maybe those arent the best two examples right now <ggg> ), but the reward can turn out to be substantial if we hit paydirt.
I do agree to a point that IARC may be slower to recover then some of the big names you mentioned, but then again, maybe not. After hitting a low of around $5, it is back above $9. Percentage wise, it has actually regained more then most all the big names I have. Addtionally, at such a low level, percentage wise, it wont take much to have a bigger move then the big names. But, all we can do is wait and see what happens. This much I will say...if you read the other boards, there is so much bull$hit hype, it is ridiculous. Everybody preaching IARC will be a zillion dollars overnight. I do not agree with this. I do think it is very possible that IARC moves fast in a big way, but I prefer to be more realistic. If it explodes, great, but I am in this for the long haul and simply feel it has a very good future. Nice and steady is fine with me, as long as the end result is up.
have a great night |
