GREY:BITKF - Post by User
Post by
freedom35ehon May 29, 2005 12:46pm
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Post# 9090666
IMHO
IMHOAll I really know is that this is only the beginning. There certainly seems to have been enough time and effort expended to bring this product this far, and sadly it's launch is just starting now instead of last year. Most will agree that it has been very frustrating being a share holder in this company, especially with the timing of insider share sales. Why now? We can only speculate that it has to do with the April 12 deal. Whatever the reason, it certainly has'nt enhanced our portfolios in a positive way.
I do believe there is light at the end of the tunnel, it's just a matter of when. I really do not see a significant rise coming until we see some solid numbers, and even then, what will we need to see. The markets these days are bizarre to say the least. It seems shareholders expect blue chip performance on a penny stock. Lately I've seen companies that have had 9 million dollar quarters drop in price (HBM), granted their P/E ratio did not look the greatest.
I believe there is hope and we longs will be rewarded but I agree it is hard to be patient when management is being percieved as not looking out for their shareholders.
Best To All