RE:RE:RE:Floor ValueAltman -didnt mean to say you are wrong.....was just trying to say that Market does not have confidence in next years revenues. This is normal for any cyclical company. When it swings down it goes really down and that creates opportunities for long term folks. If it goes under $1 time to back up the truck. Your horizon has to be 2 to 3 yrs + one shouldnt daily watch SP daily as the swing will be wild. ( 40 cents in cash is the floor - if it goes under that borrow and invest , you never know markets are irrational ha ha ha)
@ freelunch - I hear you for sure, rev will come from other sources and I am confident. but looks like Mr market is not.
As i have said before liquidity is a major issue for PHO - so few shares are traded that if i enter a market order for 100K shares, i can take PHO to 90 cents in just a stroke. I feel reverse split is a good idea. Pension funds or big instituions have lot of buy side analysts who will cover such good companies. Other that Mawer I dont see any major reputed folks on board.
Patience is needed - GLTA
( Those interested check out UEC a uranium company - no revenue, trades at $1.30 usd and dilutes every now and then. Tells you how bad the sentiment in semi space is now)