What makes you think this stock wont make it....many companies have been hurt the last year. GEMS continues to land big contracts, work deals with folks like qcom and etc.....
I don;t think anybody expects an overnight turnaround, but certainly, they seem to be making the right moves.
Additionally, I notice Doggette, who already has plenty of stock, purchased some...50,000 shares I believe, on the open market, just this past March....seems like being head of the company, he must think the current price represents an undervalued investement and therfor a good one, and he must feel good about the future prospects of his company, or why blow $125k, if you didnt feel good about your future?
Anyway, it may take time, but gems could be a big % gainer once the economy picks back up, and wireless kicks in full gear....this company has alot on it's plate...been around for 35= years and has long standing good relationships all over the world.
Have a good weekend |