RE:RE:RE:BoringThe answers remain the same Trans and the MMs are going to continue to suck out as many weak hands and those that have had their fill of the wait....there has to be millions of shares in long hands and they will grind away until they get them all or as many as possible in lieu of.
Without substantial material news nothing is going to change....this is actually a good thing as it speaks to the strength and support for this company in the industry and the markets, stock and retail. This is a $30mil a year company and based on that it is overvalued and the SP is to high, as the business plan and plant/ equipment are geared for 10x that in yearly sales/ revenues. Until we see the fundamentals start to meet targets/ estimates the MMs will control SP levels and set them when and where they choose...and the longer this goes on the more longs will sell at these bargain basement SP levels.
I am as tired of the wait as anyone but I can not change it except for selling and moving on and that is not an option I will exercise at these SP levels unless there is some material change in the company and/or business plan....as long as I am not willing to change and sell I am not going to grind myself into dogshite being upset, driven by the wait.
We need to see sales start to hit their stride and there is no indication that they will not meet targets and estimates but rather more to the contrary...this is a $2-300mil a year company at a minimum and I have to wait or lose that potential. Everyone needs to do their own DD and make their own choices, all the best in the direction you and everyone choose, JMHO....Opt
theTransporter wrote: It's just the same bullsh1t from this company due to lack of an experienced CEO.
They have a solid business plan that they are executing on successfully, they just seem so clueless as to how to make their potential resignate with the investment community.
End the day, there is a lack of awareness and education in the market and that falls on the responsiblity of the CEO and PR guys from Bayfield who have proven to be fuc.king useless!!!