RE:Time Frame How Long are investors willing to waitFirst it was the stock will gap when the "event" will occur. So investors hold on thiinking that a contract / NR will occur causing the stock price to gap (spike). But when nothing materializes and the stock drops, investors feel they were told, don't sell your shares. Yet sellers are still dominating the share price and even the buying from Fidelity can't stop the fall.
Now the company is silent for competitive reasons. So investors hold on believing something is in the works behind the scenes. But the industry is small enough that players know what RFQs are out there and who is bidding on what.
It may all be happening,but we won't know till it happens. We believe the company has a competitive advantage with their product and their product suite is well integrated together with data analytics to complement hardware sales.
The share price is low enough now that most of the downside risk has disappeared. So we hold on.
mikeonmicrocap wrote: Just curious,
How long are you guys willing to wait for a substantial order for ALE or transt contract?
Seems like we are told that there may be several contracts out there but DD can't say anything because of competitive reasons and as I re call, " This is a time to be silent"
I undserstand all that but how long should we wait intil something shows up while the Share Price dwindles?
Seems to me we are held hostage by the I have a rabbit under my hat but I can't yet show you"
When does the rabbit appear?