Jeff: Hi there(and hello to everyone else as well). I can't speak for everybody, but cogent comment is always welcome, regardless of it's "attitude." One should always be willing to listen to alternative points of view as it helps to round out the thinking process. Just so long as it ain't nasty. ;-)
As for me, I continue to quietly add to my position at these levels(maybe I'm the one keeping it up around $5 since its been hitting my buy zone regularly, hee hee--a typical buy has hit right at/around $5). However, because I've been living a manic work pace during this same period(traveling around the NorthEast from office to office), and hence without benefit of such TA analytical tools as stocastics, or Bollinger bands, or even so much as goat entrails to read(heh), I've still managed to notice that VLNC appears to have formed a base right at that same $5 and change level.
So from here it looks to be setting itself up for a move. My hope is L.D.'s option purchase signals that this future move is gonna be positive for all the argumentative reasons already expressed. How soon will this be? Well, the only real data we have right now is the announced June 30th limited mass manufacturing kick-off point. And that's not all that far away. Will they make it? Wellllll, if you're a student of history, then your answer would have to be NOPE, just based on past performance and their past ability to hit announced targets. However, L.D.s purchase MAY indicate that, yes indeedy, they're actually gonna make good on this promise. When an insider does something like that......well....it screams somethings up, else why do it, eh? As far as a read of the tea leaves goes, I view L.D.'s option activity as one hell'of'a BIG tea leaf.
Finally, for all who care, I haven't heard back from Mr. Archibald regarding a visit to the Mallusk plant, at least not as of today. However, Aerlingus has a special rate into Dublin throughout April. What with work fast burning me down to my shoe leather, and my understanding that springtime in Ireland is suppose to be nice and green(as if my time in NYC this week during St. Paddy's day didn't give me enough of THAT particular aspect of green--I never saw soooo many green shamrock painted faces in one place before, not to mention the ....eh.....guiness altered attitudes of the general populace lining 5th Avenue...ahem), maybe an Irish vacation will be in my immediate future; workload and corporate upper echelon masters permitting. ;-)
Regards!
John~ |
