GREY:BIXZF - Post by User
Comment by
Tbonepickenson Mar 20, 2010 1:36pm
337 Views
Post# 16906404
RE: RE: RE: RE: RE: RE: RE: McWhirter
RE: RE: RE: RE: RE: RE: RE: McWhirterI still believe this company is going to deliver on all their committments - maybe a little later than we (and management) had hoped for. However, once the protein isolates are being produced it is unlikely they would encounter similar delays during the completion of their second plant. By then they will have a working knowledge of how to ramp up production faster as they will have already gone through the process once. As far as Robert McWhirter is concerned, if he had no faith in the company he would have dumped his shares after meeting with the company and taking a tour of their plant and operation a few weeks ago. He initially spoke positively about the stock on BNN (Market Call) when the share price was about
.60......who knows how cheap he bought it at because at that time he said he already owned a large position in the company. If he was skeptical about the company he could have easily dumped his shares after making a minimum of 400% profit. Since he said he believes the company is still a good long term investment I can see why he may not want to add to his position now. If the stock goes to $6.00 / share he probably won't lose much sleep over the fact that he bought more at $2.25 / share instead of now at $1.90 /share. I never even knew anything about the company before he spoke about it and he is (obviously) very good about doing his due dilligence on companies before he invests. If it is good enough for him (still) then I won't press the panic button either. I'm glad I listened to him when I did because I bought all of my shares at
.63........good luck to all the longs on this one, I'm confident that patience will be further rewarded.
Tbonepickens