RE:RE:RE:RE:RE:RE:the supports at 4.5 cents are fading awayIt absolutely isnt for the faint of heart. I feel for those investors who bought at a higher price when it was well into the 30's and 40's.
I bought into SNA because of Malaysia, but that little pop didnt sustain. I wasnt here when it was in the highs, but perhaps a deal with Astrium was the reason. Speculators hoping sales would suffice.
I did my due diligence and am a risk taker at the same time. I think the products are great. I just dont know what management is doing. This company is run like a secret service and the news articles are so vague.
There are some very very good technologies out there BL, but not all of them sell. I sure hope that is not the case for Star.
Ive been investing for many decades now, I can tell you that when people accumulate, the markets know whats happening, and when they sell, someone either deosnt have the patience, or knows whats really happening.
Look at FLY, you think management is sharing anything? Someone knows its time to bail, leaving the rest of the investors praying for an upside. Maybe itll come, maybe it never will. Who can judge sitting on the fence; if they worked hard enough selling or had a product no one wanted.
I am a big fan of you BL, and have the utmost respect. Ive read your past blogs "2012 year of STAR" "2013 year of the STAR" and 2014 you didnt say that, since you probably knew nothing major was going to happen. Though I have no doubt, STAR has taken many many baby steps in the right direction, I just dont want Viraf to say "Some other company solved the problem while we had the solution for over a decade. Oh well we tried, thank you to the loyal shareholders for years of continued support".
Trust me, Ive seen that happen.