Trust in New ManagementI bought more at 35 cents mid July. Why? As always, technical analysis told me so. Declining volume on the selloff, and it failed to make a new low.
More importantly than TA, I believe the recent management changes and the BOD becoming significantly more engaged will lead to a successful product launch of DoubleTake. I believe that once manufacturing commits to their limited release date, that pre-sales will bootstrap production. I believe now that qualified, experienced, project management has its hands on the steering wheel, that assumptions are being replaced with measured calculations and vendor commitments:
I believe that the manufacturing plans are well underway. Manufacturing plans encompases a lot of factors. They are comprehensive and require great detail and documentation. DoubleTake is not the first tech product to be taken to market, and from what I understand the people now involved are not rookies. It is my belief that they have done a lot of work in recent months to remove the uncertainties replacing theories and plans with confirmed commitments by the third parties involved.
My belief is based on connecting the dots within the details of the 2019 news releases, and not on heresay nor rumors. These news releases are reviewed and approved; they represent commitments by reputable names. Rich Geruson has a good name, and is well connected. I trust him.
Sure, it would be reassuring to get more details from IR right now, but they will tell us once they have dotted all the i's and crossed all the t's, (there are a lot of i's and t's in a manfacturing plan) and not before. Once Rich Geruson has enough confidence in delivery, he will anounce his commitment, and we can all take that to the bank.