Ok, Here is what I know:
I was as skeptical as anyone regarding this company, especially since they were a past pick of the infamous future superstock (that of eosc fame). however, I think there is a great demand for services such as they provide, and since they recently received financing for their expansion into american cities, it seems like things are on the right track. In terms of price, I definately think they have bottomed out, and it is nice to see the stock back around 1. this company has already been profitable, but it would be nice to see some more recent fillings/earnings reports. In all, I think it is a decent risk, particularly if you are willing to wait a year or two to reap the rewards of revenue from the expansion into seattle, new york, etc. It wouldn't surprise me to see the stock back at 2-3 bucks in the next six months. |
