I feel that Boca has a very good shot to succeed, based on my research. I am not technical as I said before, so I could be wrong. It appears that they are diversifying and doing the right things, so I am hoping for good news later on down the line. I would not expect to see an upturn in the stock price for about 4-6 months, however. It will take time for these new shipments, new company, and new retail bus. to translate to higher profits (imho). The price may even fall a little before it eventually moves up. This Q report will not look great, and in my op., next will not look that good either. The 2nd Q report should show progress if progress is going to occur (imho)
Therefore, I am going to wait to ave. down. This may be a wrong move, but I like to see more positives before I jump back in. Why put in more money to watch it just sit there for up to 6 months?
I have an overall good feeling about their future, based on my conver. with Ms. Blackburn. She presented the co. in a realistic approach, verses an all glowing approach. I respected what she said and how she said it.
Lets keep each other posted of any news, etc. Thanks. |
