Fred, you hear me totally incorrectly.
I am not attempting to promise anything, especially an explosion upwards. You are the one who feels safe promising in your post previous to this one.
I merely stated my opinion, and marked it as such. Where I made an observation I pointed you to its basis.
I see no guarentees, capitalized or otherwise, in my post. But I do respectfully disagree with anyone who feels that there is too much risk/reward ratio at this price.
If you are, after the post I responded to, saying that you believe in the long term potential of GMGC then I concur.
Btw, I am not an active daytrader in this stock, but am a long on it. And I have the same concerns, as I have recently posted, as many others about their cash burn, balance sheet, and current revenue levels. I was merely making the point that recent history shows an ability to get out on the price spike which has been occuring after announcements in case someone decided to buy now and then had a change of heart. This coupled with the fact that we are near the bottom of its recent trading range provides additional comfort.
This, imho, will continue to occur when we get details of the Intuit deal, and if Qwest decides to move from market trials to actual offering of a Portico service ( I believe a huge likelihood to occur).
If you doubt my dedication to not hyping, please feel free to review my posts for the last year. I also do not want investors to be misled by false negatives as have been posted here lately, no reference to you on this statement.
Seconds Out. |
