Ultimately no one can reasonably argue with what you are asserting - this is a micro tiny public co and no one thinks the next Jack Welch is at the helm. I doubt if all 38 employees are FT. I do think getting out of NYC represents sound thinking but every attempt to rally looks great til it gets pounded back down, although a 58% move over the last month is better than 99.9% of other public cos. The hardest part is it could be down 58% over the coming month and no one would be surprised in any way.
This is what co does: operates as an Internet marketing and technology company that delivers advertisements to Websites and applications reaching desktop and mobile devices in the United States.
I don't understand everything an internal combustion engine does, but I get in my car and drive it, and all goes well. You have driven you point in well too - trust me, whether sp goes back to $60 or goes to 0, it is a non-point.
the author's words in the SA article reach millions of eyes, yours 9 maybe 9 1/2. That does not make you wrong, just redundant.
In the second quarter, the company's "owned and operated sites and applications" revenue grew 31% sequentially or 156% on a year-over-year basis. Mobile revenues increased 122% on a sequential quarterly basis and consisted of 43% of total revenues. This compares to just 15% of revenue attributable to mobile at the start of this year.
thats not a lot but its more than a clue- micros with this kind of growth get acquired.
looks like the market agrees with you friend! weve seen years of this type trade, good for nimble traders, bad for all else. anyway, post your thoughts often, always appreciated by sane board members...
waiting, baby, great to have you back! The 50 day is crossing over the 200 here, and with INUV, that can get dramatic fast. What does your beloved 40 week SMA tell us?
what must be know is that (going to zero) is his reason to buy more, speeding his entrance into the Masochist's Hall of F(SH)ame. I pose this q for discussion - how dumb does 1 need to be to not see this is a worthless shell - even Master Hlin gave up but ed will be trying to buy more after it stops trading!
I love the novel Treasure Island too much to argue. If you say it is different this time for INUV, I'll hope you are right, good sir!
up from where - $62.50 in Dec 2004? I totally concede your point things looking better, but this could be 2 steps forward and back for the next 1-2 years. Overhead going back that far is tough, but this is good little trader for now.
If they do earn the projected 16 cents next year, that is a PE about one sixth the industry average. This volume is funds buying into takeout rumors, which I think are justified with that kind of current valuation. And, yes, of course it sells right off again tomorrow.
These rating cos take a longer view than you and I do, ie if an investor bought the story here in 2005 and bought the top, their dollars today are worth 2 cents. Try to imagine how exciting this current rally would (not) be if you were holding shares bought at $60. I'm shocked that Zacks even rates them at all, but if they can string together 6 or 8 good quarters (which I doubt), bigger fish will notice. I cling to the expectation of a buyout at $2, which would make people buying today very happy, but not the longterm bagholders.
nice rally continues today - micro internet cos with forward PEs of 6 and P/S ratios of .52 get bought by bigger fish. I came see it in a range of that Nov 12 high, 2.12 or so. donedoodit's analysis (previously consisting of counting the McNuggets) is useful, in a reverse barometer sort of way. Groucho Marx knew him years ago and assessed his intelligence this way:
He may look like an idiot and talk like an idiot but don't let that fool you. He really is an idiot.
am I off base or is this the next GOOG? What an impressive company! This couple running the show may both be geniuses - just like Gump. I'm going all in, to the extent I'm buying 100 shares for 20 cents - so long to any worries about retirement, hello French Rivera!
good luck to you to amigo - your good insight and counsel has been ignored and ridiculed, which is precisely what you'd expect from people who think $20 to 1 cent represents a great bargain in stocks!
Keep an eye on INUV - fun to be long for the next 20 minute rally - the answer to when will the gains there ever stick is NEVER!!!
I enjoyed your posts here come back if you find something worth chasing - Vaya con Dios friend.