Stock: VYST...Little Help Please?
#1
Stock: VYST...Little Help Please?
VYST - It's a OTC stock, very cheap. From what I can tell, they have a great product, and have expanded a lot since I first bought their stock in 02' or 03'. (but the price has gone downhill the whole time) What's going on with them? Any experts here that could look at it and let me know? I would think they would be a prime target for a merger or buyout just so someone could get their SecurScan. Any thoughts?
#2
Probably has something to do with the fact that they are losing money.
Total rev for 7/30/07 was $128,000 with an operating loss of $295,000 for a Net Income of -$316,000. I can see why their stock is 3 cents.
Total rev for 7/30/07 was $128,000 with an operating loss of $295,000 for a Net Income of -$316,000. I can see why their stock is 3 cents.
#4
I'm just sort of playing around with it. I used to be into stocks a few years ago, but have been way to busy lately. This is the only one I've kept. It's also the only OTC stock I've every owned.
I feel like they have such a great product...that's its worth keeping. Maybe their losing money because their expanding their products/product lines. That's a good investment I guess.
There's a lot BIGGER companies that loose millions and billions every year...I would think this has a better potential to go up. Even slightly makes me a lot of $. If this stock every makes it to $1. I'd be really happy.
I feel like they have such a great product...that's its worth keeping. Maybe their losing money because their expanding their products/product lines. That's a good investment I guess.
There's a lot BIGGER companies that loose millions and billions every year...I would think this has a better potential to go up. Even slightly makes me a lot of $. If this stock every makes it to $1. I'd be really happy.
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