GREY:LFDEF - Post by User
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Links68on May 05, 2017 10:14am
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Post# 26208152
Can you buy what management is selling?
Can you buy what management is selling?Random thoughts from conference call:
Ultimately the excessive gains we've been seeking all come down to one thing... can Wade and his team execute and backup their words and tone in their messaging in the next 3 months?
I think the analysts are getting tired of hearing the Urthecast management team talk like they do. Wade has likely used up every last drop of goodwill he's built up with the investor community.
Wade used a lot of "verys", a number of "significants" and other superlatives. Is he just biding time until the next quarter or does he mean it this time? They can't use the excuse that "space is hard" becuase we're nowhere near that stage just yet. I don't think they can use the excuse that these negotiations are difficult and contain a lot of moving and interrelated parts anymore since they've had 2 years to sell the idea of OptiSar and Urthedaily. It's time to sh*t or get off the pot as they say.
I'm glad UR has finally realized something has been wrong with their sales team and strategy. Wade spent enough time talking about a new sales team, better sales leadership, etc.. to give me comfort they've made some changes.
He talked about some potential customers that are using satellites that are at their end of life or even beyond that. He has to be referring to Kazakhstan. I think once the 2nd MOU is converted then we're home free.
My definition of "soon", in this case means by the end of June. I'll ride the waves until then, hell I may even buy more if today's action continues and this thing drops back to the $1 or $1.10 level.
Wade - your time is now. Make something happen!