Hi Kip - this is a real company, she shouldn't try to manufacture good news like them penny stock companies. If she can achieve some of the things she said, like $250MM saving etc. Then she is well on the way.
Another thing. While she may have changed business strategies as she evolves, I don't think the news was necessarily -ve, but the perception of it b/c people thought the net could change the world overnight. Now, everyone is disillusioned. Babies were thrown out with the bathwater.
To be fair, this is a risky stock to begin with, with the current environment, it makes her even more vulnerable. So, I guess one does require a leap of faith to see if she will become something.
To me, if Wygod can consolidate quickly, she is 1/2 way there. If people want to see proofs 1st, I am afraid not even Wygod can offer that
best, Bosco |
