Famous Dave's of America Inc. Message Board

If that happened, it would be over a penny instantly and keep going.

But nobody buys low.

Nobody cares even at 1.5 x revenue.

Everyone sits on their butts and waits for a deal.

Dumb animals.

What is there to be afraid of?

Trading already starting to get lame after a good report.

It`s time to stop the negative thinking and living in fear. Put a bid out there.

Before the quarter was reported, I was hoping for about $175K but was worried revs might have been $16something. The approx $185K was a nice and a moderate surprise and a relief.

It`s a buy IMO. Waiting until after a deal occurs that will give a big boost in revs seems not too smart if you want shares. At the very least people should get what they can at these levels.

However, problems remain. Now we know for sure about revenue estimates in the blogs, that they do not mean revenue to be reported (huh?, lol). Maybe the company should just stop saying "revenue" in the blogs or define what they mean. It `s not professional to keep shareholders in the dark and it shakes investor confidence when you say revenue is up XYZ% over the last quarter, but everyone is supposed to understand that is not the actual increase to be reported when earnings come out. They need to fix this.

Bottom line is it`s very cheap and growing. Put a bid out there. Buy and hold for a while.

At close bid was 0.0034 ask was 0.0041, some volume, most trades at the ask, so an actual improvement in price.

185 K revenue, net earnings up even bigger percentage YOY. Good report.

Stock price should go up gradually. Fair value is now greater than 0.006 IMO.

Even if the statement "2013 estimated daily revenues for the first four months of the year are currently averaging about 70% higher than 2012, for the same time period" turns out to be a lie and actual is the above, the stock price is still cheap if they just average $175K per quarter for the year which would be $700K for 2013.

Valuation. $700K sales x 3 = 2.1 mil conservative market cap. Stock price should be near 0.006 if $175Kish is reported IMO.

Because risk profile is nil, would it not be nice if one day we wake up to find a foreign government approved use in their country.

Need highly regarded source to say test results are meaningful to move stock price.

Ok then you explain it. As I remember it, since the mega apps came out in the middle of last year the company has been making claims of high growth year over year, yet the net ended up being only about 5%.

Now we have even bigger claims during the first quarter of 2013 of year over year growth. What do you understand it to actually be? Only 5%, 10%? Put a real number out there and why.

This is the only idea I can come up with to account for the difference in what is claimed in blogs versus what is actual, that they do not understand these terms are the same in the context of accounting.

It seems to me if the company has a report they think is great, they hurry, but if it stinks they wait (like they waited to release Q-4).

If it is as good or nearly as good as the blogs would make you think, then I`ll guess that Q-1 report would come out sooner rather than later.

Hoping for $200K plus because of the blog info during Q-1, but expecting much less because management has little credibility regarding revenue statements in their blogs versus actual numbers reported in earnings reports.

Waiting for real numbers, not misleading blogs.

Somehow I think those cashing in today will be paying more to get back in and play it later.