RE:RE:Rough calculation of stock market's excess discount...55c This is garbage analysis.
Todd Coupland values QTRH on an ITS only basis and cash at 2.77. This was pre-Motorola, PSMC, auto wireless license, etc.
In his note, he highlights that the market ascribes NO value to WiLan. Even if you think Motorola is only worth $10M (which it isn't), the market still values WiLan at ZERO.
These guys tried to time the market. Yes, the market is down over the last month and QTRH continues to grind higher. It also rises and stays high, building bases at higher and higher levels. You can also see that we are making higher highs and higher lows over the past month. And they are trapped in sh!tbag stocks that keep going lower. They have no out.
It is doing something which it hasn't done in the past. And if you are short or perma-bears like these two clowns, this is what gives rise to the phrase "rip your face off rally". We are setting up for one of those. These guys are too obstinate in their position. They should be buying not complaining on the sidelines.
What they fail to recognize is that Paul Hill and Vladescu have targets in their personal goals that are higher than what WiLan delivered last year. They are very clear in the management information circular that the goals and targets for WiLan are HIGHER than last year's full year results. When they say the H2 will be stronger it has to be.