learnstocks, Yes, BUT! Financials are a fundamentally important part, but not right now. The financials WILL BE important....next year!
Current financials will not, can not, reflect what the company has going for it now, as has been discussed. NOW they have the GREAT POTENTIAL for explosive financial growth due to the sheer number of orders, prospective orders, alliances and endorsements. Later on, it WILL BE the financials that help propel this stock to be a major player on the NASDAQ, when it no longer is a BB stock. Then they will determine whether the analysts recommend their "Buy, Sell or Holds". By then, the stock could be trading in the teens, or twenties, or more - where the big boys park their money.
For now, what's really important, is the CONFIRMATIONS of the orders and projected income. And I'm sure we'll be seeing that information very soon. And then we can all say, "WOW", It's a good thing we held!"
g'night all.
dbl |