Strad Inc STRDF

RE: RE: RE: RE: More target cutting

[griffp]

For sure...... a very patient investor to see SDY fly....again  The cut results won't put a dent in the huge drop in revenues and in the future dividend expecations. My guess ...SDY will trade around 3.00$--3.30$ for a while.  Given these year end results, I also expect the next board will soon have another 'surprise' for the shareholders...given their promise to stop the bleeding.  They only thing that will pull SDY over 4$ long term again will be a massive shift in market demand for gas and oil...and that isn't going to happen any time soon. My concerns with SDY have not changed....read the quarterly guidance from last year.   Were the stockholders well served in that guidance --especially given what we have seen in the report we just got?   My guess is a chunk of the market this week was short sell covering. A few who had this 'figured' correctly ...made a lot of money in the process.  ME?  I sold out last week.....took the loss....and will look at it again when Q1 results are in.