GREY:EDYYF - Post by User
Comment by
Gilaaaaon Feb 22, 2018 8:38am
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Post# 27600299
RE:Bond holders are like Buffett selling 75 million shares 1 yr
RE:Bond holders are like Buffett selling 75 million shares 1 yrRIGHT. SELLING IN TO GOOD NEW WILL LIKELY CONTINUE !
some comments:
- have 320k one of only 2 speculative stocks for a conservative 77 year old.
- this company is rebuilding a business that almost died and half in he grave.
- management has failed miserably in the past and totally lost the investor confidence .
- their product is superb, marketable, desired but not yet recognized and appreciated by most.
- they have made great progress lately with out resource.
- no money make this a one man team and they must save every penny as Gamble told me.
- for now I do not expect promotion, improved web site, improved NRs, and lots of hiring
WHAT ARE THEY DOING RIGHT AND WHY WILL I HOLD ?
- they are focused on producing great products.
- focusing on the right markets.
- understanding the value of JVs
- building business in a frugal way
- getting orders with 50% deposit.
WHAT ABOUT STOCK PRICE:
- very unhappy but there are many millions of shares that will still sell by bond holders and others, mostly on positive news,
- this will take time. Probably a year or so if things go well as they appear to be.
- investors will do the math when money flows in and they have firmed up their balance sheet.
- many do not follow the stock and promote it. For those that do THEY ARE IN THE PENALTY BOX AND WILL STAY FOR A WHILE.
- bought 20k (0.085) the other day even though my goal was to stop at 300k because I though it was best leverage for some money,
HOPE I AM RIGHT. I HAVE BEEN WRONG BEFORE.
I TRY TO REMEMBER THAT THIS IS A PENNY STOCK, MICRO CAP AND VERY RISKY STOCK.