Tom, my old mate-- and all the old friends here on a great board:
Stand back a bit and look at trends.
A decidedly 'lone wolf' (no pun intended Wolf) Bus Plan company, managed by a lone wolf group of people. This in a world of bigger guys doing the big selling.
Pennsiad was the center of their world,--and they still only have UK approval so far--Sales, by my own observation, (I checked at three outlets in UK on a recent trip--not a great sampling of course)--were not not good at those places! (why, I asked--ANS--pills over cream every time).
Zero signs of FDA--which is EVERYTHING, stock value wise, in the short and middle term.IMO.
Hand to mouth cash position.
Dilution big time with intent to purchase OXO Chemie.
Yes , WF 10 looks good/great/super--but another long cycle time for development. If you have the patience of J... OK!
If not, don't bet the farm!
No, as most of you know, I don't own any DMX since the Xmas bust re Canada and the dramatic manipulation of the share price based on leaks. I wouldn't know how to short a stock--so I don't.
Just an opinion to keep the well known 'feet on the ground'.
Best regards to all.
Tom D. |
