Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Although I am not yet an expert on Graphene, the concept and what it could do for companies with a business model built around appear to be quite enticing. That said, until the middle of last month the experience for bulls of Applied Graphene Materials was clearly not a great one.
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Comments
TOFT
Whilst your analysis of AGM might be technically correct, it does not identify one glaring issue with this company…..They don’t actually sell anything. It’s all about providing ‘samples’ for so-called ‘customers’ who are never identified. Even the Annual Report makes no mention of the company persuing sales. Their strategy is to provide ‘samples.’ Until the Board actually start acting like a company (e.g. producing and selling product), I’m afraid you can analyse all you like.