Allan, it's true that there are recently a number of imitators and that the stock has sold off from a pre-name-change burst of interest. Bit early though to write it off entirely, lol. We're no longer a 'resource stock going internet', haven't been for some time in fact. We're a venture capital company in good standing and Staudt's CV remains the same ... well it's been augmented a little by scoring Elastic, i would think ... possibly Applied Data as well, i know no way of gauging that one. It is still imho quite as reasonable as ever to expect at any moment a major deal from ite ... Kaiser said it well when he said 'Expect bigger things from Jordex'. I certainly do. Can't see why they would come this far and then go to sleep. And certainly opportunities abound, technology is not over and done, not everything has been invented and fully developed quite yet.
Fwiw, i also agree with Kaiser when he recommended a partial sell at 3.74 for those who were in at .70 during the summer doldrums ... i got some off at 4.00, it would have been 4.40 that morning if Green Line was competent, but that would be asking too much, lol. The majority of position however i am happy to sit on, as was always the plan, as long as management demonstrates competence and commitment. And a good bit of cash generated from sales is going back in now, at an average of 3.06 or so this week.
Btw, i didn't get my real stinker bids filled yet either ... ;-) ... cheers |