I would be more than willing to Place a lock on the fire arms I own Or will buy in the future.
But you aren't the gun manufacturer. If they can get an equivalent (or better) solution for 1/5th the price, they will (and we all know LOCK can't compete on price).
As for the Stinky stock detectives articles
I have found SD to be reliable, HOWEVER, for the sake of argument, lets throw out their comments. What about the 10Q and the 10K????? Are those biased too?
The 10Q and the 10K clearly reveal LOCK does not have the ability, experience, money or personnel to sell to this market (or any market for that matter). I noticed you didn't address this question.
You're willingness to purchase gun locks is noble, but completely irrelevant to whether LOCK will even be around when the legislation passes.
8.5 million shares today is momentum, and momentum is the place to be..
When momentum dries out, this puppy will be < 1. The market teaches some hard lessons, don't be caught long when all these new owners realize the quality of company they've bought.
To each his own
Indeed, you can make money on the long side of LOCK, but in IMHO, its risky. I'd have to take a bottle of Malox with me to work and watch level II all day if I were long. |
