Jeffrey, ZSUN, I intend to keep on buying to add to my initial position...
I don't expect to see the stock below $10.00, but I have been wrong before on your very thread (LZMCF).
I don't care paying a little more, as I see this Company at $50.00 by year's end. The quality of management appears exceptional and the execution brilliant, so far. No debt, trailing earnings might come at around 15 cents and exponential growth through acquisitions and in-house developments, all set in an exploding market.
Remember, you are actually buying 5 complementary Companies, plus the Auction Web site, soon to be released. Of course, I would have liked to buy a couple weeks ago; however, at $12.00, this is outstanding value and would still be good value anywhere under $20.00.
I would not be surprised if the stock closed higher on Monday, after investors had a chance to do their homework over the weekend. For all intent and purposes, this company is barely discovered yet, except for yours truly and a few other "smarties". (meant pejoratively...)
Regards, F. Goelo + + + |