Been down this road many times over the last few decades and have seen companies like QFOR grow and prosper as well as die on the vine. Many factors come into play but one that seems to have the greatest effect is management , or the lack of , IMO. How management handles the next couple of quarters are critical to the companies future irregardless of the business side. I say this because the latest fiasco regarding the companies handling of financial matters was bad. Confidence , " in god we trust " etc. in management is critical to getting money people behind a company. Tremendous upside or a slow dilution into oblivion , as Sherlock says " The games afoot ".
I have been and am continuing to build a larger position with QFOR. The field is ripe but will be won with the best management. Think Oracle of years passed and Salesforce currently to make the point. The market was won not just by First to market but was won because of strong fundamental management not just on the product side but the financial and marketing sides as well. This could crash and burn , double in a short time on a buyout or could be that 20 to 30+ bagger by filling its potential. Right now speculating but want to be investing and you?
Question, Iam not the sharpest tool in the shed but I ask Why has a smart MM not made a move on QFOR ? Nobody has thrown a $million at it Why? A $million would most assuredly move the SP.
Regarding Supreme court, they ruled on what was, lets see what will be. Exchange concept one way or another [ marketplace or mandated ] seems to be a concept gaining traction IMO.
Anyway health and good luck.
You have to love it when the person who owns over 19% of the floating stock of CGIX IS BUYING STOCK ON THE OPEN MARKET. Over the last two days another 10k shares bought on the open market. Float 7+ million shares , Pappajohn owns over 1.5 million shares and is still buying...................................................
As a long I would like to to have heard a more positive report on implementation and new business. Lets look realistically at the day before CC and the last 2 after and see what the market thinks. 8/24 VOLUME 130K CLOSE $.43 8/25 ,86k ,$.39 8/26 7k , $.39 8/27 98k , $.37 4 DAY TOTALS 321K volume $125K total cash. Management needs to learn how to communicate with markets. It is a public company not a private concern. The audit/financial situation is still unsettled and if you read what has been said, on CC , implementation , revenue generating wise , is slower than expected. No new business, of substance, was discussed and that is for 2015 which is 2/3 over . Everybody can read between lines but nothing new was discussed and management has not said anything for months prior to CC. Management needs to be proactive not reactive going forward, regarding guidance, news, business , etc. and get the financials in order before the current quarter is over. Wall st rewards productive companies with good management teams and discard or shelf the others. The current action, or lack thereof , is beginning to look like the latter. Getting an analyst or two to get behind it and a good PR. Person would be a good place to start. I like QFOR products , markets , timing , etc. but management, or lack of, is coming into focus. The next quarter or two will shine some lite on whether QFOR is a growth company or a mismanaged good idea. Time is not an ally to be relied on in the present world, IMO.
Constructive comments , opinions ?