No. of Recommendations: 1
This one's starting to look prime. They're supposed to finally go into production next year and supposedly revenues will jump from around zero to around 4.5 million. So a buy here is a bet on how well they execute that plan. It's hard to say why they went as high as $17 or why they have fallen so precipitously back to nearly $4 as nothing fundamental has really changed that much along the way. I guess it's mainly just speculative momentum - and right now the mo is on the downside and there's undoubtedly some capitulation going on. I'll probably make a small bet down here somewhere that mo will turns yet again...over the next 12 months...and that they do at least an adequate job of executing their plan.....I'd like to see $3, but I'll play it by ear...
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.