Post by
goldminegirl on Apr 07, 2011 11:55am
A matter of time and timing
I cannot speak as a long timer in this stock but I have to say that I am expecting things to change suddenly and am positioning myself accordingly. New technology often faces significant market inertia - particularly in the "who do you know" tight markets like the oil patch. Getting anything new into that market requires some heavy front end work including real world proof and not lab scale or proof of concept. Getting the chance to even test technology at any scale is often a very costly and time consuming venture. If a company tries to build a case by doing the testing at large scale by paying an independent lab to simulate the kinds of problems that can be thrown at something like the Wescorp units by real customers the delay and cost would be astounding and at the end of it we would be no closer to market. In our case the systems are being tested under real world conditions by real potential customers.
Typical with things like this there is a long run up until some pivotal sales order or decision breaks the impass and things move forward very quickly. In the meantime all those already on board get to bite their nails and complain about how long it's taking. Some of us take advantage of the lower price while others stand pat and wait and when it happens we all get to congratulate ourselves about how smart we are.
I have had success in the past with grabbing stock in similar situations and my gut tells me this is the time for this stock. For gosh sakes though don't use my gut as an investment model - every man for himself in that regard.
Comment by
mlucci22 on Apr 07, 2011 10:01pm
Goldminegirl, I can speak as a long timer and I can tell you that things do not change suddenly with this company. But I do like your enthusiasm.
Comment by
extortionist911 on Apr 08, 2011 1:41am
Have you been drinking to much "Jack "?
Comment by
goldminegirl on Apr 08, 2011 4:08am
Extortionist I am not much of a drinker but I do make money from the stock market by looking for stocks that are fundamentally sound but that have stock prices depressed by investor impatience and/or market indifference because of delays. In my opinion this is one of those stocks. If I am right then you can toast the company with Jack Daniels if that is your drink. I will stick with Sprite thanks.
Comment by
rxpbrute on Apr 08, 2011 10:20am
If you call 7 years of waiting and numerous tech's and so called news investor impatience.......?
Comment by
ccor88 on Apr 09, 2011 12:58am
I think your on to something, the timing is right. Give it another 2 to 4 weeks, something very good is coming.