SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Delsecur or Grandeur (GDER-OTCBB) DEL-ID for Ecommerce -- Ignore unavailable to you. Want to Upgrade?


To: GERBER who wrote (356)4/14/1999 10:38:00 AM
From: Rob S.  Read Replies (2) | Respond to of 384
 
I think that short term it is going to come under selling pressure that can take it down rapidly as the rally ages. The problem with the expectation of $20 or other price much higher is that the agreements expected in June and the next few months will still be in the nature of "proving" agreements with little commitment that the product will be produced in quantity anytime soon and only if certain conditions are met. In other words, these agreements do not make the success of the product a sure thing. Until that risk is answered with clear production agreements rather than development stage agreements, the investment will remain highly speculative.

I will talk to delSecur this morning and try to get an updated understanding of the situation. At this point I would take this move up as a chance to sell 1/2 of my position.