I have purposely stayed out of the recent posting barrage as it's a no winner to post one way or the other. You all heard (or saw a recap of) the conderence call, you all have access to the financials, you all know what the market potential is, you all know *roughly* where the company is in regards to production.....then buy or sell based on this. As of this point in time, we all know the same info. As news develops, then those in the know will be able to feel more or less comfortable about their stock holdings than those that don't. Regardless, it's your decision to buy or sell.
Short term, yes, we may have been a little pre-emptive with the expectations of commercial production. I tried to reveal what the previous 10K stated, and it said production in the first qtr of 1997, then 1st half of 1997, then middle of 1997, now 1st qtr of 1998.
What is your investment time frame? 1 - 2 weeks? Then DON'T BUY VLNC. If it's 1 - 2 years, then you MAY be handsomely rewarded from the current price levels.
To be honest, I think it'll re-test the 5's and 6's before it heads back up.
(Interesting that Don Wollanchucks two big picks, VLNC and IDTI, both announced lesser than stellar news. Although, since the news on IDTI, the stock is UP. So, you never know!) |
