Outstanding Risk/Reward RatioThose selling are making a huge mistake. The stock at this price has got to be one of the best risk/reward stock in the stock market right now.
Even if there was a significant problem with IFIRE they will have a "plan B" exit strategy. For example, they could always sell the technology, as is, to someone else to develop and work on. Given the value of Nucryst and cash on hand, their is no downside, only huge upside. At minimum, you get your $4/share back.
To me it all depends on whether you are a trader or an investor. The big boys and mutual funds holding this stock are not selling. They are investors, not traders.
I too like the idea of getting in again under the option value of the CEO. I'm not planning on cashing in until a deal is reached and will have the virtue to wait and be patient until that happens.
BTW, that was me at Action Direct taking 3,000 and 4,000 more shares this morining. Now have 56,000 WED shares. Have been accumulating since it was $1.60 per share.
Hang on for the ride, these guys will eventually deliver. The strength of the Directors and Management of this company is simply too strong to ignore.
ARRHW