gancho, my evaluation of the holy one has not changed either, as I said before, it is a company with a great potential to become a leading provider of portable energy systems, a multi billion dollars market. The key word is "potential", if one of their regular trips to the money well happens when the capital markets are not that open, it may cause trouble. When they deliver some major PO's it certainly can go places, but it has been six months since that has happened. Until they can be evaluated on actual growth of the top and bottom lines, it will be extremely speculative. Right now, the stock failed to follow through on the run up to $23, and has breached the most recent support at $14, and thus it is "dangerous". That is not a position that I take uniquely with the holy one, other companies that I liked very much had changing circumstances and I "classified" them as dangerous, like HAUP, CDTS and SCON. Even my "darling" RMBS gets from me "sell signals" from time to time (VBG).
As a matter of fact, the bu$ just got sold here at exactly $75 few minutes back, a very nice one day profit of close to $10.
Zeev
Zeev |
