RE: RE: Under the radarI'm not sure it's a total waste. It appears there's only 11 million shares outstanding, but it's a little unclear so I'm not sure about that number. Last PP was at
.11, and those shares have a hold on them until Dec 27 of this year. I wouldn't buy at the current ask of
.28, but I do have a stink bid in at
.155. While it may do nothing for years, I don't think there's a lot of downside risk at
.15. On the other hand, it's nice to own a company that actually does something and these guys clearly are doing nothing with this shell. Not to be a pumper, but check out CQR if you're interested. It's my biggest holding and a company that has a lot on the go for 2010 with big upside potential.