CanBanc Income Corp CKNBF

Quo vadis Certicom?

[sablesavoy]

Having argued that the occasional choppy Quarter was understandable- but receding profitability definitely wasn't, the issue, I wish to discuss, is CIC valuation. Having argued CIC was reasonably priced at roughly $4. Boy was I embarrassingly wrong!!. But unless CIC gets no new business this year, it should be even a better buy at current prices. No I haven't suddenly turned hyper bullish. I am merely talking about valuation. Don't know the out come of the Sony suit (by the same token a positive outcome is obviously not factored in the current price). Aug. could prove very interesting...... So, unless, they disappoint us in each of the remaining 3 Q's CIC stock price should improve. Not much good for the longs but perhaps room for newbies to make money on this technology stock which remains speculative. This is just one opinion. From some one who just admitted he was wrong.Do your own diligence- see if insiders are buying. Conclusion: probably cheap. I think insiders owe beleaguered shareholders to step up to the plate and make significant purchases and not merely token -as in the recent past. PS any one know the renewal status of the RIMM contract???