I enjoy the banter too,it's the black&blue marks I can do without:))
Seriously, you'll get no argument from me that based on valuation the short position is the logical one. But logic a.k.a. reality, is the "last" phase of any situation IMO.
Between now and then there's a great possibility that;
a. This group of talented and successful people will in fact come up with a product that's "at least" as good as anything out there.
b. Since it's obvious their primary focus is Federal/State business, their relationships with the top Federal IT vendors should produce business, either for them or MD directly.
c. IMO, contracts for $100M will be the lower end of the scale with the Federal government and all it would take is 1, just 1, from Northrup, OAO, FDC, or the Registry with MD as the acknowledged sub contractor to them, and IMO this stock will take off like it's shot out of a cannon.
Will it last, hell no. Eventually it will come back to reality and price would come in line with value. But before that happens there'd be a helluva lot of money to be made. Frankly that's what I'm looking for.
I've said it before that I think this is a talented, successful group of people for the most part. That's no guarantee they'll succeed, but as Murphy said, "the battle is not always to the strong nor the race to the swift, but that's the way to bet".
Logic, at this point, won't have anything to do with it.
You have a good one,
Deep Digm |
