Post by
power_auditor on Jan 10, 2015 11:30am
0.34cts to $2.00....488% upside to go.
But as all or most long shareholders here have come to realized(I was way too late) the team running this company that had a shareprice of over $2.00 to its present 0.34cts might not be so concerned about the shareprice and much, much more concerned about the NAV that their "bankers" will be looking at....and now that alot of analysts or firms that were covering the company seem to have given up the coverage(wonder why?!)...Maybe (and this is just my opinion with no evidence whatsoever to back it up)....there is no pressure on mgmt as long as the NAV is around or higher than $3.00.......NAV was around $4.67 last April/May/June.....
Seems to good to be true...company goes down ~83%+.....and the team is sitting pretty!
More than "luck" is needed here to move back upward. All the best in our holdings.