What you say is undoubtedly true, concerning the market environment, Jimmy working hard, and losing momentum. However, I disagree that cash flow is needed to impress the market place. Investors looking for cash flow would never even look at internet companies or OTC stocks, they would probably go to blue chips or utility stocks and such.
What today's environment has done is reduce the amount of money that individuals are willing to place at risk in return for potentially high gains. And we have seen this on just about every OTC stock, and even in listed microcaps, whose price has been diving for the last six months.
Don't kid yourself; the Dow may only be off 15% from its high, but the average NYSE company has lost 1/3, and microcaps have lost a whole lot more than that, a half or more. It is not just DGIV. Heck, look at IDTC down from the mid thirties to the mid teens, and that is a fully listed NASDAQ company in VoIP that is doing everything right.
However, there are investors with vision who see these as times to pick up bargains and are willing to wait for the inevitable turnaround. While the average individual sells during these times, the savvy investor and many institutions buy, and look like geniuses after the market turns around. The problem, for DGIV at present is that such investors do not like to, or are not allowed to, invest in non-reporting companies. That is why I think that the reporting status will be very important. After that, however long it takes to get to NASDAQ should at least be accompanied by a stable stock price.
All of this, as usual, is JMHO. |
