GREY:CXEYF - Post by User
Comment by
Bobwinson Oct 10, 2008 11:56am
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Post# 15519331
RE: Synopsis of an Analyst
RE: Synopsis of an AnalystIf Candax wasn't making new lows every day, we wouldn't be having this conversation. It's moved up a tad from the .22 low to .25. Let's hope the analyst's revised target is somewhat close and we get a 4 bagger from here. Naturally most of us won't be making much money but at this point, getting back my investment would be a minor miracle.
My criticism of mgmt has been the violation of underpromise/overdeliver......CONSISTENTLY!
I keep hoping they have learned their lesson but so far so bad.
Will be reviewing Q3 carefully to see whether the analysts are even remotely close on cashflow. If Candax can produce some solid cashflow, this price is a joke but because of past mgmt overpromising, they will have to produce several qtrs to remove any doubt. The big 800 lb gorilla that could change things is Chaal because the projections don't include any success there. But again, it will be months before we have solid info on that.
Bobwins