posted
Anybody have some solid DD on SWYC. At face value it looks like a homerun BUT other bulletin boards have been really nasty on this stock. If it flies the potential is huge but there relationship with a study from IPA is concerning. Any thoughts out there?
Posts: 8 | From: Eden Prairie, MN USA | Registered: Nov 2004
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RB has been nasty to them and our-street.com also has a bad review of them.
Their funding partners could be questionable being from out of the U.S.
If the FCC approves them as one of the 2 approved air-to-ground or satellite providers of communications and they receive orders from carriers then watch out. this could be a $20 stock at the end of next year.
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Sold out today - looks like trouble at the home office. Going to wait and see if things improve before looking at this again.
Posts: 8 | From: Eden Prairie, MN USA | Registered: Nov 2004
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posted
I bailed recently too. huge potential if everything works and they get approved by the FCC for air-to-ground communications over the US.
The thing that concerns me is if they receive the $24 million investment they will probably issue shares - dilution - as they did previouesly for the Dupont investment and second the airlines are all struggling so I don't know if companies will line up to buy their technology unless the gov't helps out for Homeland Security concerns.
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