I think that the markets, especially the overseas markets, are making people jittery. Buyers are on the sidelines waiting for a bargain. Some nervous investors are rewarding their patience. I also think people have adopted a wait and see attitude with respect to the news releases. These last two releases are, on the surface, insignificant as far as I'm concerned, and designed merely to keep the PYNG name out there. The big one's coming, but whether it's next week, next month or next year, remains to be seen. I am betting it will be sooner than later, but only Mr. Jacobs knows for sure. I will say this. I think Mr. Jacobs is planning a share issue to raise capital, so he wants to keep the price high. I also think that a share issue will be soon, and that it will be after the company has received actual orders, which is what people are waiting to hear before they start buying in.
GM |
