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Technology Stocks : LBAS - Location Based Technologies -- Ignore unavailable to you. Want to Upgrade?


To: locationboy who wrote (93)3/27/2010 2:15:11 PM
From: notimetowaste2Read Replies (2) | Respond to of 152
 
Your posts are based on facts but the problem is that the facts are hyped into more than they are. Do you really want to be fooled like this by the company? Why aren't you questioning more? An example. LBAS gets a single order from a company with medical equipment and this gets portrayed as a major event launching a whole new revenue stream. People like me with extended operations experience cant help but laugh at this. It's ridiculous to make that assumption. The truth is that asset tracking medical equipment isn't any different than tracking non medical assets. For all we know this is a single random order. Maybe someone at LBAS knew someone at Stephen Gould Corporation. It's ONE SMALL ORDER. That's it! The order is most probably for due diligence along with another half dozen companies they are evaluating. A SINGLE ORDER means nothing. I know how this works. The micro cap market makers are desperate so they tell LBAS that they need something... anything to announce. The company scrambles to find or create an event that can be spun into progress and a big deal. Experienced people like me can see right through this stuff. Here is another great example. The iPhone app got hyped as a significant new revenue stream, thousands signed up, major revenues next quarter, etc., etc. It went no where. It was a non event. Forget the BS "best app award". The App was given the lowest rating by 70% of everyone that downloaded it. That really sucks beyond description. WHY AREN'T YOU QUESTIONING THESE HYPED EVENTS THAT LEAD NOWHERE. I question your motives. I can only speculate that you are an insider or an affiliate of some type. My cost basis isn't any business of yours. I plan to make money on the wat out, but only because I know how the game is played, not because LBAS is solid.