CYBERKEN...WHY wouldn't LEAH-insiders, knowing what they know (i.e. LEAH's B/V "should" be upwards to $10...PLUS present earnings of $1.00+, excluding one-time charges/write-offs), be BUYING shares, on the open market HAND OVER FIST???
It's not happening...In fact, with such a (supposed) small-float, they might want to buy back the float/issue a tender-offer...and turn around and do a legitimate IPO at a much higher price...
Plain and simple...investors simply aren't convinced that this company is for real...I've said it all along (despite being long throughout)...
Andrew...I'm glad to see you concur...
BTW, Where's RLM? He told us (in post #722) that Alex and Irwin had told him that "audited B/V" WOULD be released with 3Q-numbers, predicting a "$7-$8" figure. What happened?
BTW2, CYBERKEN...Regarding post #732, I'm not a "short-seller"... My first purchases were earlier this year at $3.50, then $1.625, then $1.03...Call R.E.B., and ask him about our numerous conversations over the past few months...Call Mark @ Pinnacle...or call Irwin (then again, you'll simply get voice-mail...but that's a whole 'nother topic to discuss...) |