have appreciated the salient posts....thought you'd like to know, my "PSYCLE sm" adding ODETA on a pullback, under $ 5. if possible, as another depressed, tax-selling long buy, with a stop below recent low....I usually do not employ "fundamentrals/stories", but this one is really intriguing....I remember also rec'dg. ODETA around $ 6., years ago.....anyway, just wanted to be sure, of it's seemingly ridiculous valuation here....do I have this right ?
they own about 8 mm shs. ATLPA, worth roughly $ 10. per ODETA sh. alone ? and, about another $ 2.-3./sh. ODETA alone, before any further potential spin-offs ? of course, new buyers of ODETA here do not get ATLPA shares, only indirectly....also, does ODETA have any cash ? debt ? owns any R.E. ? sorry, guess I should call the co.,
thanks....it is thinly traded, but when./if over 5 3/4, then 7+, can pop towards filling some of the down gap (was that big 9 point down gap caused by the spin-off ?)....FYI, I tend to hold issues for a 3-6 month time frame....but my timing is often VG....been buying a bunch of depressed Techs lately....best wishes, |
