I like the news that has been coming out....the direction the company is taking, the possibilites that abound.
mngmt has recently awuired shares as well...that always piques my interest. A gamble? Sure, what isnt nowadays, but I still feel from current levels it has a tremendous chance of seeing a nice % gain. heck, most folks would kill for 20% after a year like we had last year......this baby doesn have to do much to see a 20% gain, and frankly only needs a little momentum to see possible 200% gains. As far as why scott has it as his largest position, he'll have to answer that himself. My guess is he did extensive DD and feels good about it's chances for a nice gain....I dont think he would invest if he felt he would lose his money. Anyway, My position is small, but decent. I still like what I see in the form of news, alliances being formed and etc, etc....as well as the potential this company has in the coming wireless world......anyway, just my opinion, and lord knows I have been wrong before....but at current level, I am willing to take a chance.....$5 nets me a 25% gain, and frankly, I wont sell at $5, as I think she has potential to go much higher. My goal is to sell half around 8ish, if it hits 8ish, and let the rest ride....time will tell....good luck to ya...
Keith |
