Well Warrior, you are making a good point and you are supporting my concerns presented in #1134 (or somewhere around). However, PYT is IMO a better-than-average VSE stock. I don't know about EMI but I would suggest that to manufacture CT scan is far more complicated than this FAST thing, therefore it is far more prone to failure without proper management team. Also I would think that a purchase of CT scan by institutions would be considered a capital expense and would be subjected to different and more restrictive approval procedures than purchase of couple dozens of FAST units. My point: IMO your example is likely not a valid one. Could you comment?
Secondly, coming back to my "better than average statement" above, PYT is a perfectly good penny stock (with all what belongs to the definition of a penny stock, i.e., cheap, unproven, esoteric, speculative, ...) and when you said that the stock is not worth buying I assume you meant at this price level. Below $4 it becomes a good buy ... at least what I consider a good buy, i.e., acceptable risk. I think you will get an opportunity to jump in as I also assume that you joined SI to learn more about PYT.
For all others who keep preaching about PYT (TLamos, mft, mj160, Justin Curran, ...): THIS STOCK DOES NOT HAVE ANY FUNDAMENTALS, ONLY GOODWILL. So all the facts about FDA, patents, NATO # etc. are already well accounted for in the price and I believe you are doing more damage to a small investor than the warrior who brings in a critical perspective. extaurus: 21 zillions shares speaks by itself for your confidence in PYT.
Cheers
Peter |
