RE: RE: One more thing Mark do you believe that this is an attractive entry point or do you believe there is still downside risk to the sp? I don't disagree that there are risks due to instability in the region but is it really any more unstable than last year?
As of the end of June they had almost $6 million cash on hand and have not really had any problems raising money to date. Some houses are selling, some are buying so it's difficult to say that anyone has any insider info that the rest of us don't have.
i may be wrong but I would think if someone was just entering this play at this price most of the downside risk has been removed. For those that are in at higher prices, and that must be most of us, is there any reason that you would look at this and say it's not worth averaging down considering there has been no negative news understanding that it takes guts to average down on a stock that has fallen this fast.
Thanks,
KnowledgeSeeker