' I envision this stock falling no further than 1.20 before making strong surges back to 2 by October at the latest. from that it is a 50 50 shot of it going up and never seeing these levels again. but if it does it will probably happen again next summer to shake out the very weak. at that point I fully expect it to hbe well above 5 by next fall and never really looking back. just remember how insane these prices can get'... Less
i guess i would not share the same 'vision' which classifies me as a 'pumper' in this garbage dump...you may be correct in the 1.20, maybe even 1 range..
for the time being i think i will have to stick with mr jeffery g ross and his skewered vision----that being
'For the year, as we announced, we're holding our guidance at $5 million to $15 million, which effectively means that our expectation for cash flow in Q3 is around $10 million and then mid $40s million in 2014. And with that, I'll turn it to Alex on the revenue question'.
that my friend will not equate to '2 by October'..it could be bankrupt or mr ross & ms baker, and mr patz may just have enough business acumen and integrity to pull it off...which i guess is the real bet here.
alex is a superb engineer out of MIT, but certainly not much on the business side of business. i will credit him for realizing his shortcomings rather late and will also credit him for recruiting some fine talent with business savvy. whether this saves the failing ship, we shall see and will know much much before the fall of 2014.
very few people are talented enough to start a business....capitalism at its best. all can invest in any publicly traded business...risk/reward maybe/ maybe not. hard to imagine for myself, not taking some 'risks' thru this short journey we all pursue...
you are right - the real bet has become will this be an ongoing entity in 12-18 months - I am like you, I still believe in management, but I also see that the shorts have been right on VELT at every turn, and they are clearly still adding, playing for zero.