Ceapro Inc V.CZO

Clockwork

[EbbFlow88]

Like clockwork, everyone gets up in arms over communication, stock sells off and then Ceapro makes more cash in next Q as they slowly move the ball down the field, then stock gets bid back up.

I have always talked about the base business as the safety of margin and PGX as the option for big upside. Depending on how you value the base business, which I'd say is probably valued at around 0.60-.70+ , then you're getting PGX option for free. 

Most of us here own this stock at much lower prices as we built into it over the last 5 years. 

As much as many here want to hate on Gilles, hes done a good job. If you don't agree and think PGX will be a failure than just take your profits (however small) and move on to a management team that better suits you. Or realize that you own value here, that the base business is growing as you compound on that and hope that one day PGX works out. IF it doesnt, you will still make money here base solely on main business.

[boazklinghorn]

For the life of me I will never understand this crazy attitude that says either accept the medicore performance of this management or sell up and move on. This is a false choice we the shareholders ahve the power to get rid of these pluggers and get real performance. 

[EbbFlow88]

I would argue the average investor (even banded together) doesn't have the power to become an activist investor, but even if you could, why would you? You have so many options out there to choose from. Why would you bash your head against the wall to force something that you think isn't there.  Control what you can control.

[boazklinghorn]

Ya good point I wouldnt put a ton of time or effort into it, but what a hoot it would be to stir things up a bit and try get this crazy little company that so many of us have owned for so long finally popping. I thinks its just small enough that it could be done just for the sheer heck of doing  it. That said it wont be me who organises it but I would back some young upstart who wanted to try

[prophetoffacts]

This post has been removed in accordance with Community Policy

[boazklinghorn]

"Learned helplessness indeed"" Dude I am guessing you are retired teacher or acedemic of some stripe the annoying pedantic tone gives it away..  

[stockfy]

Excellent said. I could not have said it better myself.