I don't know whether to agree with you or to "keep the faith." I mean, if they post a profitable Q4, as announced/expected, then something's gotta give. The market cap of this company is miniscule at this point! ($50M???)
Either there *is* a major scam going on, or, as I still believe is possible, the company is quietly doing good things that haven't shown up yet. Facts are, Softworks is continuing to grow and bring in substantial revenues, and a deal that will likely yield recurring revenues from dbExpress *has* been signed with BT.
It is still possible that the price decay is largely due to things being quiet. Note that the company has *not* released any "empty" PRs for some time now; not even a statement saying how big and wonderful the latest Softworks revenues figures are.
Potential bullish news includes stuff like other dbExpress deals, and profitable operations from the services division. So, either something is very wrong here (although the few facts in place seem to contradict that), or else it's just the calm before the storm.
I guess I still hope/believe it's the latter! $^) |
