RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Large
Excellent post, Chipshot.
Grandich has moved on to other stocks and it's time for those of us who remain with EVG to move on mentally from some recent disappointments and look to the future, which you so succinctly described.
This is a company potentially on the cusp of a big success, if it can deliver on its underlying premise. You bet on the company executives to be able to prove out that vision, and, again as you noted, that should be accomplished this year. If their premise cannot be proven, we've made a mistake, and we sell to recoup what we can. It's that simple.
But to cave in this late is not the percentage move on a risk-reward basis. The downside is $1 a share, maximum, from here. I put the upside at -- minimum -- $2 a share and that number would be extremely conservative if the guys hit what they're aiming at in upcoming drilling. I guess here I should note, this is all in my humble opinion.
It's going to be tough waiting. Hopefully, it will be worth the investment of time.