RE: RE: RE: Re: RumorsWiz,
Day4's cash and assets are worth over $2 a share.
That doesn't take into account any of their patented technology.
Their panels are 100% sold out for 2009
70% sold out for 2010
Just outsourced their manufacturing, this in turn reduced their workforce.......less salarys to pay = less cash burn = more in the bank for Day4. Management is smart, they know what they're doing.
Sure, the present economic environment is not ideal but they have the working capital to get through this mess. Oil is not going to stay this price forever.
At 70cents a share. I'm buying and holding. This will be an excellent investment for those who are patient.