I spoke to Bruce on Friday. He said the press release could be out as early as Tuesday. (Monday was a holiday in Canada.) Although I am very excited about the news, it didn't sound like the press release would contain the information that I'd like it to. While the company will apparently be named, and a dollar amount will be given, I believe the dollar amount will be the minimum value of the contract rather than the potential or likely amount. So we may have to wait for a few quarterly earnings reports before people understand the magnitude of the contract. Also, the company is not a household name, and while it is a Nasdaq company, its stock price is down about 70% in the last year. But they do have a couple hundred million in sales.
And with so many people expecting this news to come out, I don't know that it will have the same impact as if people were surprised by it.
I'm also concerned that there seems to be so many TRKR shares for sale. Where is the stock coming from? Why is so much available for sale at current prices? Based on the information that Bruce seems to give everyone, I would think the stock would be $0.25 to $0.50. But we're still at $0.14. I'm hoping the selling is coming from people who don't know what is currently going on with TRKR, or from people who bought much cheaper and are taking profits. Hopefully I'm worrying over nothing.
If TRKR is for real, we can realistically have a stock worth $1, $2, maybe $5 or more. So far I've found no evidence that TRKR is not for real, but I will keep looking. There are so many scams on the bulletin board that you really need to be careful. TRKR sounds almost too good to be true. But I've also seen many stocks go from pennies to dollars, and I'm hoping TRKR will be one of those.
Jeff |
