The scary thing about uncertainty is that unlike risk, it is not quantifiable. When the market is dealing with an unknown risk it will often overreact and create great investment opportunities for the discerning investor. So it's ironic that uncertainty about a company can often lead to more certainty about the long-term value of the stock.
Warren Buffett put it best when he spoke of uncertainty. He said, "The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values."
The above is a favorite quote from an investment article I've read. It seems pertinent to ICAD's current under-valuation.
Well said, sixman. Today we saw one of the risks of owning a high beta, high growth microcap. GLUU's investments and higher op expenses are designed to make it a stronger long term performer. In the meantime, they have the effect of reducing near term results (which are themselves quite good). Patience is tough when some folks' vision is only as long as the next quarter. Give management a little time. Longs will be rewarded.
Commandor, despite there being a world of difference between value and stock prices it is none the less amazing to see UPL and ECA under 9 yesterday. I have not been watching the group since selling UPL over a year ago in the 20s. Is the Iran nuclear deal and reduction of trade sanctions at the root of this?