Rocketman, Please Do Better Research
<<<Now then we have a fervent poster telling us that fundamentals stink! This applies to all the "internet stocks", taking out charges and only posting revs nevermind the losses...>>>
Well Rocketman, that's not exactly true.
All of the successful internet stocks YHOO, AMZN, ATHM, ELNK etc. have INCREASING revenue, and DECREASING Losses. SRCM on the other hand has Decreasing revenue, increasing losses, increasing expenses, and management keeps giving themselves big 'ol fat raises!!! SRCM's financial performance is the EXACT opposite of the internet stocks that are successful.
Furthermore, SRCM has HYPED and PROMOTED it's supposed new technologies and new services since it's inception. BUT, SRCM has never once delivered. Not ONCE.
On the otherhand, the booming internet stocks have already successfully devoloped and mass distibuted their services, while SRCM has; a failed service (interactive channel); and a buggy prototype of a new service, (virtual modem), that is far inferior to competitors comparable services. There is no comparison between SRCM and these other companies.
<<<Everyone is in position for next week, either something IS brewing and I feel that there is or it's smoke and mirrors...>>>
Sounds like good reason to invest. Because you "feel" something is brewing. Now that is quality DD.
<<<But, I am long not because the "deal" may be "imminent" but, because either licensing or a deal will take place and/or stakes will be driven..>>>
A licensing deal will take place? Really? Says who?
Of the three cable companies SRCM has contracted to date, One bailed, (Col Springs), and the other reports they have no interest in any of SRCM's services going forward (Denton), and I have yet to talk to the third. But if the other two cable companies are any indicator, I doubt they are impressed with SRCM.
<<<I bought my tickets because it is "VERY UNUSUAL" for a stock to stop trading then resume at a much higher price then suddenly back off but. no got in the toilet? that is curious indeed..>>>
Huh? Since when? This is just pure baloney. Get yourself some bread & mayo - and a moon pie, and you have yerself a healthy dinner and dessert!
Rocketman no offense intended, but your posts have absolutely no reasoning other than your hopes of hitting the lottery with the "big deal".
SRCM has a history of failure, promotion and hype, and currently they need their stock price up to exercise their warrants. Plus, management gets paid bonuses based on increasing the stock price.
I strongly suggest you doing more DD and let your findings help you make better investment decisions.
Best of Luck Investing.
Cheers Steve |
