TSXV:NSP.H - Post by User
Comment by
Rock34on Sep 25, 2015 12:25pm
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Post# 24135645
RE:what a JOKE!
RE:what a JOKE!
Its hard to watch man.........I was foolish and took nothing off the table on the way up (like I normally would). Too emotionally invested in this one. My PP shares come trading soon....down 60% from there and I thought the PP was cheap.
I think the company has done a good job of building a foundation and setting things up for scaleability, those things take time and NSP accomplished them in a very fiscally prudent manner. The sales have clearly taken longer then the company expected (hence the over promise and under deliver situation) and the market has beaten the company down because of it. We are not completely alone in this see PHM, CXV, VID, YFI, NPH, etc...etc....
What I am most dissapointed in at this point is that it seems like management has forgotten about the shareprice. Where is the buying support at any level? Where is institutional buying? Where is institutional coverage? where are the deep pockets of the insiders to support the price? Sure the market is somewhat out of the companies control but not to the point where they should just throw their hands in the air and agree with shareholders that it is a tough time. If we are so undervalued as Craig said then where are the buyers? Apparently nobody he talks to agrees with him? Or is he even talking to anyone? Radio silence on business actitivies is not helping our cause.
I like the guys at the company, I like the story, like the space and love the technology. I dont love it all enough to have to keep paying to be a part of it.
I will be the biggest fanboy on this board when things turnaround, make no mistake. I am just sick about the current state here with no end in sight.