GREY:ESPAF - Post by User
Comment by
barackon Mar 12, 2014 10:33am
149 Views
Post# 22312992
RE:RE:Insider trading - digging a bit beyond what you see
RE:RE:Insider trading - digging a bit beyond what you see
-ESP has ~$7 million in cash
-They should be cash flow neutral to slight positive going forward.
To make deals with tier 1 cable operators a company's balance sheet is important.
I realize it is more so with hardware suppliers than it is wit software suppliers.
If they do a PP at over $1.50 it would be very positive for a small tech stock.
Doing a PP in a position of stregth with a stock that doubled in 3 months will be looked upon as a show of confidence.
There is a lot of opportunity for growth in their market.
Smart TVs are are still in the infancy stage.
I only hope and pray that Canacrap is not involved in any PP. They have no soul.
cheers