CounterPath Corp

By Anonymous Questions, October 26, 2014

Hi Travis!
Firstly, thank you so much for your efforts.
They have saved me a lot of money.
I am very new to investing and am sucker for get rich quick schemes.
Your site has really helped me stay away from the get rich quick people and provided more info as to why’s and how’s of these scams as well as pointing me in better directions.
For that I cannot thank you enough.
I have a fellow get rich quicker friend that bought a stock years ago and I am concerned it is going to go no where while he keeps purchasing it as it goes down!
I want to know whether he should abandon it or just hold and hope! I will get burned myself but only a few bucks, he has been enamored by a sales guy that keeps telling him it is all good. The more I read the more I am not so sure. Also, how the heck does a stock that does nothing linger for so long? Oh ya, before I forget, the stock!
CounterPath Corp
(TSE:CCV)
I would really appreciate your analysis on this. I want to talk to my buddy without pissing him off, so any rational, factual arguments that a lay person would understand would be great! I just want him to get out now before it is to late or at least hold for the foreseeable future if there is any remote hope.
I understand it will only be your opinion, I will not accept it as the gospel, I just want to get a better understanding of this stock.
Whew! Sorry for such a long message! If you made it this far, thanks a lot for your attention in this matter!

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Travis Johnson, Stock Gumshoe
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Hi, thanks for reading! I don’t know anything about the business, so it may be that they really have a unique and fabulous technology that I can’t teach myself about in fifteen minutes — but the financials look really uninteresting. Revenues have recently been declining, gross margin is good, but they’ve spent many years losing money and nothing jumps out on in a positive way to catch my attention. From scanning the numbers, they’ve been roughly this size (in terms of revenue and operating expenses) for about five years, so if I were to get interested in a stock like… Read more »

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