RE: anyone buying, anyone selling?For my part, I am resisting the envy to buy at these level, since EKO position in portfolio is already too big.
I've been such a dumb to buy every single time i though we were reaching a bottom. With all the good things in the pipe, I was sure the explosion was just a matter of time. But quickly discovered that all promises end up broken by the management. Whatever they say usually doesn't materialize. I was @ the november shareholder meeting when Mr.Bolduc explained why they dropped FDA & that they were in the process of getting NIOSH,which usually takes around 90 days delay. That was in november 2009. We are 8 months later, and still no news from Niosh. Last time I checked, they still didn't have appplied for Niosh. Just 1 example among many. Or when he said that they wanted to be break even by Q2, and @ in the worst scenario they would break even @ Q4...
I still see the sale of Magnum as somehwat positive tough. At least they are coherent on trying to cut down costs. And they focus their core buisness. They still have a good technology in their hands, they are just not able to make sales materializes.