Port & JPLoos,
Good to see you two duking it out in a relatively civil manner.
Port makes a good point that TNCX is a very risky investment.
But aren't all startups? And I have to agree, that until
TNCX sees "the money" for the huge outstanding receivable,
there is some serious downside risk in the stock. Can you say
dillution?
But Port, you seem to make some invalid inferences toward misleading
announcements by TNCX. Have they made any in the past? And
in regard to why the receivable has not been paid, is there any
evidence to believe it is because of a product problem or is
Fairline just waiting for the plane to go online? Seems to me
you are being a bit one sided, like any shareholder in a competitor
would be.
JPLoos, I also agree with you, IF these guys are on the up-ad-up
and IF the product performs, and IF the 10% stake if for real, and
IF the orders come through, this stock has some serious upside
potential. A lotta ifs! Ain't this fun.
We'll know in the fullness of time.....
Yo Yo
P.S. Port, with a $15MM market cap, TNCX isn't exactly a
portfolio manager's kind of stock, is it? |
