Re: sideways for a while
in response to
by
posted on
Nov 25, 2008 02:30AM
LANTIS LASER CAN PRODUCE DENTAL IMAGES WITH 10 TIMES BETTER RESOLUTION THAN TRADITIONAL X-RAYS
you know goyanks it's really kind of funny when you think about it......I laughed last night everytime I thought about it.
it's going to run "sideways" for awhile......
it's 14 cents........it really can't go down much now can it. What you really meant is you don't have much faith in it going up until next year.
This is a penny stock in every sense......we were promised it would be off the pink sheets in 2007......they said in 2007 be off in "a couple of months". Let me remind you it's almost 2009.
Does this prediction of yours take market conditions into consideration when you assume they will be in production in quarter 1 of 2009.....are you a little nervous about your prediction when you take into consideration we havn't heard anything from the company in months. How about the fact they need to raise millions to go into production. Last time they did a private offering to "continue research" it was at 15 cents a share......now the stock is 14 cents. Those investors from 2007 probably arent too happy. Can you imagine raising money now.
If their application is so great why is the stock still only worth pennies after years of press releases of them telling the world how great it is. They are widely known in the industry....you would think someone would be buying the stock if it was as unbievable as they say.
If they are to be in production in a couple of months you would be hearing more from the company like they have raised the money already. Do you have any idea what it takes to go into production with something like this when you make your predictions?
I'm not a naysayer.....just a realist.