I am not too concerned about the possibility of some kind of conspiracy against GRNO. While a prospective takeover company might not want to pay too much for GRNO, a lot of progress must be achieved by GRNO before much real interest in it is earned, in my opinion.
GRNO's appeal is world wide, not confined to its own back yard, and once it has proven its technology in a practical setting, I believe there could be more than one possible suitor. In the meantime, GRNO must sell, sell, sell those plants and rake in those payments. Otherwise, it's all academic.
A year ago, I didn't want GRNO to be taken over. If Bill didn't want to continue running it, I would have wanted somebody else to set up an operations entity. Then analysts could have done their growth projections based on expected operations installations and the stock should have been set up to appreciate almost indefinitely. Now, all I want to see is for the stock to get back to where it was a year ago.
Charles
P. S. That's what I did in my IRA, Eli. I don't know whether that is right or not, but thought I might as well try it. |
