Bob: A continuous shipment of pregnant resin to the refiner is not worth a tick with a BB stock. In fact it may invite weakness so MM's can pick up more cheap stock (don't respond they don't do this, please). Come on, you should know that by now, otherwise this puppy would be selling at "fair value," which I would put somewhere north of $4.00. Unfortunately, we must wait until the profits start rolling in, and the nay sayers finally redeem their shorts to see the "flagpole" on the charts predicted long ago, but nevertheless correctly, IMO, by "Oily" Jack Smith.
Dennis DeNoble told me their plan is to make a shipment of pregnant resin every Monday going forward from beginning this week (assuming no equipment breakdowns). I think Dick Jensen is personally monitoring this aspect of mill operations closely, and is holding responsible parties accountable for meeting this schedule.
In case you haven't noticed, the train's wheels are moving....
Whooooo, Whooooo!
Regards,
Jeff |
