Stefan:
Nothing is a sure thing. Valence has many hurdles to overcome before they start to make money. When they are able to produce the product and their customers purchase that product and pay for that product and the product has been in the market place for a number of years and the company can control costs, and pay dividends to its stockholders, one of which may be you, and you put that money in your bank, then it is a sure thing. Until that time, it is speculative, and a risk, albeit, a risk that may be worth taking, hence the large possible return.
The stock will move after the analyst go to Ireland. If they are impressed, hold on, if not, then we could see the stock drop.
Nothing earth shattering about that.
Jeff |
