I hope you didn't take my comment about going under as a suggestion that I thought it might. If that's what I thought, I'd be outta here and you'd all know it. I have always promised to share any negatives right along with the positives and so far I think I have lived up to that promise.
I do believe that Taylor will continue as a going concern, with or without WRN as a controlling entity. Hopefully WITH. They seem to be continuing to acquire contracts and opportunities to bid for contracts. Hopefully we will start to see more of them turn into reality. The more of that that happens the better our position, even if we do sell it, the more money Taylor makes the better leverage we, at least should, have in a sale negotiation. Having said all of that, if Taylor was to crash and burn, having someone put a down payment on a purchase is, unfortunately, no indicator one way or the other. Many companys have gone down the tubes looking like a going concern, until the very day the doors got locked.
From the perspective of "no news, means there is news", that has certainly been the case in the past and it would NOT surprise me, in the least, if we see a repeat performance. Especially given the renewed support for the stock, albeit at this levels that doesn't necessarily mean as much as it might. Hopefully we'll like what we hear next a little better than the backdoor announcement of the intent to sell Taylor.
Salut,
Leigh McBain |
