View Full Version : SOFO - Fallen too far?
John Law
12-14-2007, 04:45 PM
Been watching this one for over a year. Revenue continues to grow, but so does cash burn because of high sales costs. Cash flow is a problem too, but they still have reserves and it looks to turn around to profit some time in '08. It is trading at 1.31 right now; I think that's too low, and I am in @1.34. Watching it closely, but I thinnk the revenue growth is a good sign.
Good luck.
John Law
12-18-2007, 01:53 PM
Holding at 1.33 through this dip in the market. Hopefully it has hit bottom. SOFO has a tendency to jump when you least expect it on no news. The latent sentiment is that the revenue growth will eventually bring them out on the plus side. Could be a nice gainer if one is in at the right time, but might have to hold it awhile.
Good luck!
John Law
12-27-2007, 05:41 PM
Chart is starting to look pretty good on this one...looking for a January bounce.
John Law
12-28-2007, 02:47 PM
...Or a December bounce. Up 13% so far today. :)
Looking for the 1.60's on this rise. Hope someone else got in on this; good way to close the year.
Chubby Khabob
01-03-2008, 08:25 PM
looking for another bounce on this one. volume dropped off, but will likely break the 1.50 area
John Law
01-11-2008, 08:42 PM
Made a little money on this the last time around and now it is back to 1.28 at the close. Looking for another entry point around 1.25 if I can get it.
Good trading stock, although the volume is sketchy at times.
Good luck!
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