Happy Thanksgiving !
I have little time to waste and perhaps I have an idealistic view on how people should conduct themselves. I have received a large number of private emails and I've gotten acknowledgement of the poor behavior from some of those who were responsible (not that anyone owes me anything personally). I have no intention of starting a private EGT board/channel. My only goal has always been to see a return on the money I've invested, and perhaps help others do so as well. I will never make buy or sell recommendations. I will however share my thoughts on whether or not / or how I think a stock looks like it might perform. To those who have expressed appreciation for my posts and who have asked me to return to the board.... my thanks to you.
I've been in EGT since it traded at $0.12 and I believe that we may be on the cusp of (if not living through) a technological disruption that EGT will play a significant role in. That is my thought and my hope as well. The story for me has not changed albeit the timeline around which in unfolds is testing my patience as it has for so many others. Assuming that my personal analysis is correct, then I still anticipate a SP for EGT of $3 - $4 with a future potential to get to $8 - $11.... however this is all predicated on whether the news and partnerships are of the degree of magnitude that I anticipate. I do think it has the potential to surpass EFL which recently peaked at $4.34 (pretty good for a ticker that was on the 0.60 - 0.80 range about 6 months ago). The other very real potential is that assuming that the company does deliver on the deals and partnerships alluded to, it may be bought out.
There are so many unknowns with all the silence. I've not had a stock that has played like this before, but I do find one point of significance in that the SP has been purposefully managed within a very tight range for several months and has not faltered. Whenever it looks like it will surge... it is sold back down and whenever it looks like it will falter, Mackie steps in and brings the SP back up. There is more to this story than any of us are privy to... of that I am very certain. Patience will be its own reward for this ticker. (All just my opinion of course and as I have said in the past.... If I am wrong then I will not be alone.)
"The stock market is a device for transferring money from the impatient to the patient. -Warren Buffet"
All the best and Happy Thanksgiving!