INVestor,
Lev has to mind the execution of VLNC project, not CC or other speculators.
Why would we expect the next call to be negative, if the last two were considered positive? Although, in the last two calls, Lev did not reveal much, did the investors consider it negative?
There is every indication (business sense) that VLNC is moving along the time line (and project schedule). As the uncertainty gets reduced, Lev would have to sound more and more positive, not negative, assuming that VLNC has not run into some unexpected, insurmountable problem.
For those that believe that PO announcement is the only validation of their investment and are in the stock for a quick buck, they will be disappointed by Lev. Lev has repeatedly said that he would not pre-announce or announce any PO's, without an independent verification of the material event. Why is the hang up over PO's? If the sell off occurs after the call, that move the stock into tight hands at cheap price. Market inefficiency is a great opportunity!
VLNC chart looks fine to me. (Shows that some nervous speculators got in and out lately.)
There has been no reasonable explanation as to why CC skipped those cheap conversion prices, except that CC is waiting for the nth time for a better price.
CC is probably the "smart" tax loss seller, so far.
In summary, Lev is a very conservative business man that likes to play his cards close to his chest. We need to live with that. JMO Ram |
