RE: goodmans picks!!! No surpise. We saw Wek step on BNN and talk all about DCF (and his tech names) a few months ago in a recent interview on BNN, no mention of our beloved MGD. Side note to all, PDL had recent board elections and Andre was a member who was voted upon. Long story short, it didn't go well. That should really come as no surprise as that stock's been a **** show and there are a tonne of shareholders who are quite disapointed about the direction of the company.
I thought about it this evening and maybe I'm wrong, or right, but I think the way this puzzle is piecing itself together is starting to make alot of sense and becoming quite logical. First, the timing of these last two converts with their heavy sweaterners at 20cents leaves me to beleive we must have some intrinsic value much greater than 20. Hence something on the horizon that should propel valuations above conversion. Afterall why load up with these deals (when were trading at 11cents) if there wasn't something on the horizon. These guys must see this projecti at some level much greater in the near/medium term.
Secoundly, I beleive its the objective of management is to turn this stock into something quite heavily held by insiders. Look at the options + the warrants on this stock. They've already talked about a buy back. If we can hit 20+ cents a share and we can convert, these guys are contributing right back to the capital stucture they already feel comfortable with, without diluting their own holdings.
I know theres alot of pessimests on this board, and you know what, rightfully so. But for all the bad stuff thats been done in the past the stars are starting to line up.
Just consider it....
newguy01