GREY:ISYRF - Post by User
Comment by
scanner5on Apr 11, 2007 10:06pm
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Post# 12590581
RE: Not in the Game!
RE: Not in the Game!An drop in S/P of almost 15% in one day is in my opinion substantial
and shows what confidence the market has in the current CEO and the BOD.Since GD took over almost a year ago the S/P has never hit previous highs and is hovering around previous years lows.It is
unacceptable to run a business with sales of $5mil and losses of almost $4mil.Quarter after Quarter.Going to the market year after year.Dilutions after dilutions.There seems to be always another quarter to ramp up to.
There was the opportunity to get the S/P to a level were the warrants
would become attractive and would create more working capital forICS.
But how can a company be valued if there are no proper time lines and no guidens is given.CFO's quick answer "WE DON'T GIVE GUIDENS",I guess that is what he can do best (and we pay him well for this).
Well the market has spocken again and a positive BB has turned negative again.
SCAN