RE:RE:RE:House Positions - Since ChristmasTeflon,
I cannot speak for Macy and his comments 2 years ago, also to that you make some valid statements. I have followed this play for a long time and did my own research to a point that I purchased a lot at .035-.04 bringing my average to parity today's share price.
this management team has achieved a lot and is capable of high growth in the future, yes there has not been positive EPS yet, but with that said the company has continued high growth and secured a large financing in what have been bad years on the Venture.
i believe that Poydras is 400 machines away from EPS if financials are in line with historic conditions. If management can pull that off, which I feel they can, there is a lot of shareholder value to be made.
one needs to remember that Macy raised money to integrity in terrible markets and the $2 share price was not achieved. If this stock was not on the Venture, it would be trading at much higher multiples IMHO.