Phil, IMO, we will see >$10 sooner rather than later.
It's just a hunch, but I can think of 19,600,000 reasons to make that happen. (The sad part of it is that the loser firm of JS gets 5% commission. I don't believe they deserve a dime, IMO! :)
Jadoo, I think most here are ifly'ed out. This poor little company has been dumped on by notorious shorts. These shorts alleged criminal behavior and criminal relationships with officers of the company. As things turned out it was total bullshit, but the damage was done in early January. I hope that people like anothony@pacific, auric goldfinger and Joe Parks, (the infamous TokyoJoe) hate looking at themselves in the mirror each morning when they shave. I think if I were in their shoes I'd have a hard time doing just that.
The only real mistake the company made was releasing PR too soon and not following through with the PR that was released. I mean really, why release anything about the virtual cruise center and not say a freaking thing about it for months on. What about IRIS - why don't they release their "proprietary" statistics about their flagship. Who knows.
Phil, you are right. 50% per year is really good enough for me since I am a long term value investor. To be honest I have traded this a couple of times, but I'm basically in for the big bang this kind of deal could bring by being faithful, imo.
What I don't like are the people that prey on unsuspecting, individual investors. Some shorts run a very sophisticated operation and truly know how to "pump" & "dump" with swiss precision.
I think that soon this board will be abuzz once again.
Jus my 2 cents worth. |