GoIP Global, Inc. (PINK:GOIG), one of the most discussed companies on the message boards, had another great run in the past week. The stock gained over 200% in January, but the following crash was surely painful to many, who got in late.
A similar situation happened back in April, when Go800 was released:[BANNER]
Although the company:
-still has $2 million debt according to the september filing;
-did not keep its promises for exploding sales;
-is still reluctant to post audited financial information;
….still has plenty of fans on the message boards, hoping for another round. However, as it’s slowly losing value (-57 % since April) and doesn’t seem to be going anywhere with the Go800 project, longterm investment in it might be very painful.