GREY:FEVCF - Post by User
Comment by
MrStockingtonon Jul 24, 2009 10:53am
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Post# 16163400
RE: RE: Time to Raise some Cash
RE: RE: Time to Raise some CashPerhaps a start would be to get the online ordering up and running which has been listed as "coming soon" for months now. I'm sure they could have got a university/college summer student to get that up and running and that would at least help generate a little revenue while they wait for the orders to come in.
I have been with this stock for just over two years now and it has been the same "wait and see' approach with these guys. They have stated that they were looking toward 2010 to be a bigger year for sales for this company; so even if those who are testing the product decide that they want to purchase FTE product we probably won't see any gains in the SP until the orders are filled for the 2010 growing season.
I hope I am wrong but i see this as dead money for the next 8-10 months. Buy at these lower levels if you have the patience and wait for potential good news for 2010.
Best of luck.
Stockington