RE: A couple of things...Just to be clear, I am as upset as anyone about the delays, the mis-steps, the overly rosy forecasts... and the resulting dilution and dismal share performance... AND... I definitely think there is value in pushing management hard to get better at many aspects of the business.
However, in the end you have to balance the pros and cons of a situation and decide whether to buy, hold or sell....
My point specifically is that I think this company represents the best value that it has in the 6 or 7 years that I have been involved....mostly because I think the true, saleable, valuable catalysts are imminent, the institutional ownership seems as solid as ever...Coupled with the high sense of aggrevation and capitulation of a lot of long standing shareholders.... and I think the table is set for us to move substantially higher.
Any combination of bigger, better contracts & JV's... like other major fractionator deals... Positive resolution of Catalyst / Hemosol situation, Substantial Filter orders from National Blood Agencies... or in a perfect world... some great 1402 results..... and this situation looks a whole lot better.... Its just admittedly hard to see thru the fog sometimes... but I guess that is what ultimately separates the winners and losers in any story.
hope some of you bought Bioteq Environmental : BQE (TSX) as I had suggested.... its virtually tripled in the last six months and probably good for a double or triple again from here in the relatively short term.... lets hope we can see the same from PLI !