GREY:ESPAF - Post by User
Comment by
6million Aug 28, 2014 7:46pm
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Post# 22888113
RE:what a day for this stock!
RE:what a day for this stock!I have been watching this one from the sidelines for some time now. Bought an initial position at $2.62 today. I like the small market cap and small number of shares outstanding. If anything of real value comes out of this company, it would really provide some upside. As it stand though, it is definitely a speculative play. They really need to start turning their intellectual property into revenue, earnings and cash flow. I will add to my position if there is further weakness but I doubt there will be, should be strong support at the $2.85 bought deal level unless something unexpectedly bad happens. Cheers, 6milli.