How refreshing to have decent dialog.
Ted and Ed, I know you have researched this much more than I have recently, so I appreciate your comments. My token position is less than I used to own, so I'm not too concerned on the risk side, was just fed up trying to keep up with the threads.
I sincerely hope, "things are about to happen." But the burn scars remind me of failed past expectations. Two weeks? Really? Do you expect something concrete that soon? Sure I can wait two weeks. ... but if 2 is the expectation, 4 will probably be more realistic simply because everything takes longer than planned (with any company).
The pre-release a precursor of good things? Dunno. Seems PR often comes at the same time as new lows. ...damage control ? I figure we both have an even chance of being right on this one.
As for Broad Capital, there are pretty good incentives to stop dumping shares: 1.) Declining price. 2.) Tax-loss selling season amplifies from August to Dec. 3.) Lousy revenue from current price. 4.) Stocks often rally after concentrated selling stops. 5.) Cut in supply may mean more $s later. 6.) Improving expectations. 7.) Possible deal with company to cease selling for time period.
I don't know about the last one. Could be or might not be. But if I were in charge and you (investment backer ) punished my shareholders, I sure wouldn't do anything with you in the future.
Yes, I have to agree that Broad expects more in 6-months, but 10% more might be enough for them. ... but not for us. Can't help but think the overhang of all those shares will continue to be a roof on the stock, imo. (but maybe we can raise the roof?)
Thanks again for intelligent dialog, Jerry |