Craig,
You really do love this whole game of the stock market don't you? Honestly, my position right now is so much smaller than it was a few weeks ago that I don't have the heart to wrestle with you anymore. I've made money on this stock even if it goes to 0 tomorrow.
One of us will convince the other to change our mind.
The market is helping you a little bit right now. I'm moving more of my money into high RS stocks. More money, quicker. This will help me think less emotionally about this stock though.
I guess I do have a little fight left in me:
Let's get some facts straight. FIBR made .02 last quarter. Shares did increase, but you have to admit that unless Osicom issues more shares through private placement or whatever, we're stuck at a max of 24 million or so, right?
Now, will you admit that the Gigamux, IQX, and Net+Arm will add more revenues this quarter than last quarter? Not like a 50% increase to revenues, but how about like 5% or 1.5 million? How do you see this company fundamentally overvalued? We've got increasing revenues and EPS, and our preferred stock conversions are basically capped at 24 million shares.
Also, do you think that no one will even take a look at purchasing the Net+Arm and Gigamux? Those two items would scare me if I were shorting. Seems like I'd pay a pretty penny for either one if I were a multi-billion dollar company.
Your whole reason for shorting this company is Par. I would bet that there are more people around that joint that help make decisions nowadays. What about the board members? Do you think they're crooks also? Seems like they have pretty good credentials to me?
Stuff to think about...
Grant |
