GREY:AZDDQ - Post by User
Post by
ghosttraderon Jan 30, 2010 9:08pm
791 Views
Post# 16736547
Massive sell-off building
Massive sell-off buildingWatch the level 2 everyday on this, there is a massive build-up coming on this, the press releases and latest news on sales have done very little to change investors minds that management has the ability to run this company as effectively as is needed in todays economy. They are so used to running top heavy and with so much excess that this won't fly by todays standards, the mistakes of the past look like they may play out over and over. This is like the movie groundhog day. I would like to see a major shake up before I bought back in. I don't see much that will keep this above 20 cents and when the PR slows down we could go under 10 cents again. This is on top of the growing float and the eventual roll back on the shares. Every time I look we seem to be creeping towards a billion outstanding shares. This will need to do a 1 for 10 old and then refinance for growth just to keep up with the promises they are making as fas as production. The company wants to look big to attract the big players but at the end of the day cannot keep up with the demand. Yes there is demand, its a great product. It just took so long to get off the ground and they managed money like college kids at first. Restructure and a solid plan for growth will have to happen and then once it does you may be looking at a monster money maker in the future. I would love to be part of that story of success.
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