Hi Dale:
Well, I finally cleared out the last of my SYQT at 3 1/2 today. I can't believe I actually made a net gain. I started buying this go around at $6, continued at $5, 2 5/8, 2 1/4, and 1 3/4. At my peak, I was up to 45,000 shares. I thought I'd at least get a seat on the board. Oh well, now that I'm out, the last obstacle to a rally to $5 is removed.
If it gets back below $3, I'll probably buy back in big time.
I think we'll see greatly improved earning per share because of further dilution, but we're still probably looking at about $35 mil revenue and a $10 mil loss.
Just MHO.
Regards,
Joe |
