RE:RE:RE:cormark relentless sellingdipstick8888888 wrote: Yes, I thought about that as well. But would you sell at a .30 cent discount just for the warrant? Maybe, I know I wouldn't. If you thought the stock was a double then it would make sense.
I hope these guys can get it together and start to generate positive EPS. I think the ones that wanted out are exiting and there are some that will give them one more quater to prove this out. If they don't it will be a stampede for the exits. In the last conference call Brian mentioned more of everything and well we got a more than a 50 percent share price cut since then, I hope we don't get more of that. Not totally their fault but as a CEO you are ALWAYS beter to under promise and over deliver. Let that be lesson one! I for one still believe in Brian and COV and bought 12,000 shares in the last two days between 2.17 and 2.24. I hope I won't be disapointed. The saving grace for me is that insiders own a tremendous amount of stock and very little was sold over the last year when the stock hit 9 bucks.
The most money I have made is when there is fear in a stock/market and I am hoping this is the case for COV and it is a temporary set-back.
Can't particapate in PP so will buy at these depressed prices.
Insiders holding and continuing to load is a great vote of confidence. Investor relations indicated that the funds required will be raised through the PP and whatever amount is left over after public participants will be taken by insiders. Truth be told, Pedlar nornally underpromises and overdelivers. The ME contract is still alive, but deferred. Obviously not looking as good as previous but the upside still looks phenomenal. There intention remains to fulfill orders. Diversification strategy is important and it is going well. These guys are not far away from $6, $8 then $10. These guys put a lot of effort into the ME contract and regardless of how you all see it they are way further ahead in their business than the last time we were in the $2.20 range.
Long!