Has P ever made a profit? Why should I buy now? Just wait until it gets to cash value.
They have $50 million in cash. $.55 cash per share. No debt. Cash value is $.55 per share. I will buy when they either get to cash value, or start making a profit.
What is cash value. I will buy then.Squeeze
Q3 2011 showed a profit. That was after a bunch of stock comp expense and big investments in G&A and S&M.