good evening everyone, have just been watching and reading here tonight with not much to say until now. im getting some strange pm's from people wondering if there will be news this week and reporting that they are getting different responses from the same source. my reply is:
1. jimmy has not been back for three weeks and has had his trip delayed a few times, each delay has brought on some panic and cries for news. jimmy being delayed is only a good thing.
2. roger and jimmy havent spoke much either, roger has a long list of things to discuss with jimmy himself. many have said that they contacted roger and he told them that no big news was imminent, what do you want him to say, the big enchilada is coming out tomorrow?
he cant do that.
3. jimmy didnt leave for three weeks just to come back empty handed, he will deliver. but, these things take time. we got a little spoiled because we jumped into dgiv when all the news was about to come out or was coming out, now we want it weekly. it wont happen that way. i wouldnt even be surprised if they took several days or even weeks to get their thoughts and plans of attack ready based on jimmy's trip. there is not going to be news every week, or significant news every week. we just need to be patient.
4. with mm's playing their games, jimmy will be very keen as to how he will attack them. he knows that getting out of bb will be a big advantage, but that it is where we are for the time being and we have to all play the game.
5. we dont need to panic if the stock falls to 7 or even into the 6's, the fundamentals havent changed and neither has the revenues. the mm's know that some will panic and give up their shares, as was evidenced today. not everybody was in for the long term and figure they will get out now and wait for the next wave to ride, hope they have impeccable timing because usually it is too tough to time.
6. go back and re-read old news releases, you will get re-excited about what we have here. 2-3-4 day moving averages are not important in long term investing, fundamentals and rev justification to eps is.
7. byron and i have re-read the releases many times in the last week to come away with new clues each time. i believe that every country listed on the jd international and other releases will all be contracted with us at some point in time, but not all at once and not all in a 3 week time period either.
8. i personally believe that we will have some news come out within the next week to ten days, but it may take longer for jimmy to put out what he wants, he only puts out signed contracts as news. dont disregard smaller news releases either, they are clues to the puzzle as well.
9. i have had several ask what will we do to keep the stock price up if no news comes out this week, well my answer is the same since the last time news came out, buy on dips, stay positive and more importantly DONT SELL YOUR SHARES ON DIPS, PEOPLE KEEP POSTING HERE HOW BAD THEY FEEL THAT THEY HAVE DONE THIS. someone posted today that one of the pr firms said we will be in the middle teens within a couple months, well that is great, but what are we going to do to "keep the stock price up" when we get in the teens and there is no news for 2-3 weeks???!!! hopefully not panic or sit around asking gee i wonder if the stock will tank if no news comes out.
10. we need to remember that eps will be coming out each quarter as well and that should be something to look forward to in itself, surprises will abound im pretty sure.
hang tough and dont live for the day watching each and every little tick of the stock, watch the long term and be happy your in as we go up and up.
macker |
