In my opinion, after 6 years plus, as a shareholder of this company, it would appear to me that we, as a company, are going to have to be profitable for at least 3 years before we will get the deserved share price we all hope for. So based on that thought, after 6 positive quarters, we are only half ways there.
This could all change over night with a Huge contract announced, by say, LMT or an other big player, but that is all speculation at this point.
I think alot of investors just don't know there is a profitable company trading under .10. I think investors are attracted to value and will recognize the value here once the word gets out more. How many companies are making a profit under .10 ?
2 tenths of one penny profit...LOL. You kids are hilarious.
You gotta luv having a profit of 0.002 per share. TWO TENTHS ON ONE PENNY. That's what I call "creative financing"!! Sixth consecutive quarters of "earnings" under a penny!!
NAKED SHORTING HAS COMETH :)
djsc - I think you're right on. The lack of awareness of this company is whats hurting it. Outside of the people who already own the stock, no one has any clue about VTSI. The few that did expected it to move up on earnings, which it should have done, but when outsiders dont know about the company, its hard for that to happen. People started getting rid of this stock because of the lack of movement in stock price after earnings and moved on to other opportunities, so the price has moved down a bit. I still like my chances with this company, and hopefully the new website, additional sales, some PR, and possibly a LM announcement will get the company the exposure it needs.
Yes, you are absolutely correct here. Software can be extremely profitable and this company is just now getting started. I have not been in this one very long but have been doing a lot of DD and for the long term it looks extremely bright...as you said just one big deal could move this significantly and the shorts would be screwed here.