Aug. 1 at 3:07 PM
$VERI Saw this stock listed on the ORCL thread so checked it out as I like Asymmetric Risk Reward plays if the Risk is tolerable. On the Reward side this name is very beaten down, has some truly intriguing technology, has good Institutional (30% plus) ownership and solid Insider Ownership (10%), has a recent small Police contract that will help its credibility, is in a very fast-growing sector that needs excellent Security. The downside Risk is mainly financial -shaky financials, debt, dilution, also execution risk (not very many contracts thus far), legal risk (two lawsuits). Since I have significant exposure to this sector already with what I consider much better Risk/Reward profiles in
$GRRR and
$ORCL this one will be on my Watch list for now. Definitely intriguing, too shaky financially right now IMO