Zeev,
I "hope" you're right about growth, but I doubt it. So far they have shown negative growth. If they wanted to get bigger, why are they selling Europe operations instead of of trying to make them more profitable? Also, there was the hostile takeover "poison pill" to protect their jobs. Also, rejecting a possible lucrative takeover because they thought the buyer's stock was worthless. Who's stock is worthless now!
These guys care very little about the shareholder and care very much for themselves. There is no PR, no support of their own stock, no vision, no interest, no nothing.
Zeev, I don't claim to be a market wizard at all, but I have learned there is a reason that a $3 stock is a $3 stock. There's a reason a stock is selling below cash value. There's a reason a stock has such low volume. If this stock was a diamond in the rough, don't you think there would just be a little more interest?
A wise old man once said "When FA and TA do not jive, believe the TA."
Why am I still in this one you are probably thinking. The answer is hope.
I still stick to my prediction:
Message 14168839
Mark |
