Not much action, and then boom! Over 100K shares.
Don't you hate it when somebody keeps hyping a stock, saying "it's just around the corner". "Get in now".
I hate to admit it, but I guess I'm guilty as charged. I try not to hype it too much during this downturn, but that has its own consequences.
I really don't know why this has stalled, and why the market isn't putting any value on the deal. I think it is a great story, that is why I am so heavily invested. In fact, when it came down to .15 after being in the .20s, I bought some more! Silly move, seeing as it went to .11 this week. When you believe in it, you buy more and then tell everyone, and that is what I have been doing.
Please allow me to step back a bit though, and say once again why I am so confidant. They are going to be a manufacturing company with solid and reliable earnings. Lots of earnings. Period.
I think we'll see a turnaround this week. Obviously somebody had to sell off and or be positioned, and judging by the volume, that has happened. That was/is the trigger for the next stage.
I also hear that the promo machine is being wound up, and that there could be some news announcements this week or next. Hey, maybe this time it'll truly be the end of the teens.
Again, look at the big picture. Don't let all this Yada Yada Yada bother you.
Ted
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