ok, good points. No Coverage I agree, but don't you think we are doing better, a month ago, we finally got year end estimates. Mitch's prior participation, was a year ago. They are pretty firm about not doing a secondary offering. I definetely agree with you about the short indicator. Altough I do like the support at the 200 day average. If I didn't own any shares, I would recommend a small starting positon at this price.
As far as John Chew, thats a tough one, I definetly see your point. He was involved in the private placement, my guess would be 25,000s @ about $5. Although I believe his restrictions are up on his stock and he probably has sold a lot due to the 144's listed on edgar.
Also, I would guess that his new firm he is working for has a small stake in Actrade. John, do you have any comments.
Of Course his comments are going to be somewhat bullish, but what I like is John points out the good and the bad. My investments have never been based on John Chew's words although, he has informed me a lot with his postings. |
