Look, they had a bad quarter. This should have been expected. They are in the process of growing out the company and that growth, like any growth, is full of ups and downs. Its a dangerous part of any investment because you never know if the company will grow sustainably or simply run out of gas and fail. My advice is simply forget this quarter and the short term because, short of a patent win, its not going anywhere. Rather keep an eye on the revenues. As long as revenues continue to grow and hopefully accelerate than everything else will take care of itself. If they revenues are growing and they need more money, they can successfully issue more stock. If they need more investors they will be readily availible if the revenue growth is there. If they are losing money who cares as long as revenues are growing. If that happens eventually the company will become a real money maker and we can all enjoy the ride.
That is correct. Look, my average hold on any stock I own is a minimum of 3 years and a maximum of maybe 20plus (thats my Berkshire Class A) Most of my investments dont make money for around 5 years because I always buy at the worst possible time. But they have almost always been good performers long term. I figure this has a 3 year minimum to return decent profit, possibly 5. So dont look at me if you want a quick buck, I have never made one and probably never will. I am just stating what has always worked for me, revenue growth. Over time you cant beat it.