I have no doubts.
the company is solid, funded for years to come. They are attending conferences. Meeting potential partners and maybe even already working out deals for all we know. Things are now just starting. I'm my opinion it's foolish to start doubting the project just because price is low.
I agree. While I'm new to the forum I'm not new to patterns of market movement... Although I've not experienced such rapid shifts in sentiment for some time!
I've shared my analysis a few pages back and tried to explain it in English rather than quote two or three lines if unfamiliar finance jargon... People can accept it or reject it, it doesn't change my conclusion. I'll be happy to share more analysis if anyone finds it useful.
Its so very easily explained why we are seeing such an artificially low price. There will be a correction. Will a successful release of Visa Cards be the trigger? Unfortunately not. I see it being quoted as such and there may be more disappointment ahead for the quick-buck crowd!
What we will get soon is some stability when the current round of dumping peters out and enthusiasm for minexpay cards spreads. Not a surge in price, but stability.
The sensible thing would be to lower parking rates soon after and take the bad sentiment hit while there is not much more to lose.