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I am hoping they sign all of staples thats my only hope. I started buying around $.20 i have now averaged my price way down, but without staples i don't think they will make it......
Mine for half that amount today didn't fill... looks like it did a whole 10K in volume today.
Thanks for your post, they sent me the same e mail. I put in a bid for 100,000 shares @ .01 last week it filled then moved up to .017 seems to say the float is very tight. However when I e mail about the share count they never return that e mail. Don't know what that means but if they sign all of staples this should do well........
I had the same response.
I'm long, and I wait...
"when news is concrete, we will start to issue press releases"
That is exactly what I look for at this end of the market... companies that ARE succeeding in their primary business development efforts, that are managed well enough to enable the revenues they do have to get them to the point of making money... and NOT having to sell shares constantly just to stay alive.
Revenue, with costs under control well enough, enables them to transition from paying for pumping forward looking information (to support share sales while they are needed to support the business) to growing using internally generated cash flow. When they get there, they can sit on forward looking news they have instead of paying to put it out, putting out PR only after the fact, and then only when it constitutes a material event...
I think the market generally tends to vastly underestimate the cost of the effort that is required to pump out PR to support the effort to sell shares when share sales are used to support the business. The effort to support share sales DOES provide share price support... but, it does so at a real cost to the business, in focus, effort, and in $, that isn't necessarily helpful in building long term share value. Often, the effort will consume almost as much, or more, than it generates in larger value... so that dilution becomes a drain on value without enabling a level of growth that can compensate for the costs. The transition to revenue generation, to becoming cash flow positive, and to real profitability... can be lost in the excess costs tied to the effort. That seems it isn't happening here...
The market paradox that results is that companies often tend to reach share price lows AS they successfully transition from the product development stages to achieving primary market successes. The impatient who are focused on PR instead of on the market realities are unable to tolerate the pace at which success actually occurs in the real world... and are generally unable to accept that the lack of constant effort designed only to generate news fluff... is not bad news rather than good news.
A company responce to my inquiry
Thanks for your inquiry. No news is not bad news !
Staples wants to continue to install the technology in Canada (and install pilots in the US).
Staples Canada is the lowest hanging fruit and the source of on-going revenue.
Roll-out talks for Staples Canada are on-going - hope to bring to a head in the coming months. The technology is working flawlessly in their stores over the past 18 months.
There are two other customers we are talking to for initial installs. This should be concluded over the next six weeks.
Hope to be rocking on all cylinders (new customers, etc.). Big push by our major reseller is underway. At some point when news is concrete, we will start to issue press releases.
________________________________________
AbsoluteSKY, Inc.
Investor Relations
www.AbsoluteSKY.ca
Very well put downsideup
The stock price may be at a 3 year low but the company is in a much better position than it was 3 years ago. What's that old saying? Buy broken stocks not broken companies.
Yes i am sticking around !! I am down 39 cents a share.
I don't see a story there other than one that is fairly typical for the market. I do think people tend to have some fairly irrational expectations about price vs value in all stocks... and the tendency to be irrational works in the form of disconnects that cut both ways, to over valuation or under valuation. Timing disconnects between investors expectations and the time it takes to build a business are a big part of that.
The company turned down a $3.50 a share offer ? Wow, sounds just like NYSE listed XJT, who did the same thing this year... but, in XJT, shareholders truly got screwed by the choice, as it also came paired with something over 80% dilution of the common to note holders. Here, the market reaction to the failure was negative... and it has drifted lower ever since because of that... without there being any rational connection between the business and its potential and the share price or the market for the shares ? Hmmmm. Who might benefit from having the shares be priced this low ???
I'm not saying you shouldn't be cynical about how the markets work... I'm only saying you should be clear eyed about how they work... and make an effort to benefit from the game that is played rather than always positioning to play short term or to be the too willing victim ?
Doesn't ever mean any stock can't give you a 100% loss from any entry point... which is always a constant in a fixed limit on the downside. But, I don't see that anything has changed in the story here, or in the business, either, other than it being decidedly unpopular now, when it was a lot more popular then... ???
Does anyone here believe Staples will "never" implement system wide ? Some likely do. Does that mean they won't ? Nope.
It looks to me like ABSY is a parallel with a general truism I often see in the market... that shares at this end of the market tend to peak in price based on PR about their glowing future potential when they are "hot"... some years before that potential CAN be realized. And then... they drift lower through a couple years long process during which the business flogs the effort to make it actually work. Many, of course, won't make it... they spend too much, accomplish too little, take on too much debt, sell too many shares, while finding out the opportunity wasn't all it seemed it might be at the start... all of which poisons not just the market for shares, but the potential for survival, while undermining the ability to succeed. EVERY new technology goes through this... a period where fad drives investment... a period in which reality kills off the pretenders... and then a period in which the survivors succeed. By the time they get to delivering success, expectations are so low that they don't need much of it to make those who wait and buy low happy.
Who was buying RFID stocks five years ago ? Who is buying them now... as the tech gets to the point of being meaningful in the market ???
ABSY has done remarkably WELL in comparison to most... and that fact of survival is a function of management: they haven't spent too much, loaded up on debt, or failed in any element of what they set out to do. Their success in the tech development, and in the installation with Staples, etc., still isn't making the market care... not because their success isn't meaningful in real terms, but because the market is fickle... RFID was hot... now its not... and the faded fad matters more in share pricing now than any actual success in the early stage development of the business will.
ABSY still needs to survive until they deliver something larger than they have in results... and, with sustained success in the business, then the market will have something more on which to judge the value of a share... more than it has now, when it doesn't really even care enough to look for it now.
I'm not here speculating on a big run of PR to drive momo and a P&D... I'm seeing that what they have and are doing... WORKS... and customers want it. Looks to me like what you paid $1.80 for three years ago is now a WHOLE lot closer to market, with most of the "gap" risks wrung out of it... and it is also NOT in the category of stocks with massive debt risks, dilution risks, etc., while having a built in customer that is about as good as you could hope to have...
Looks to me like it is a BETTER risk now than three years ago... with no real difference in the potential between then and now... other than being a lot closer to having it realized now, while having survived most of the risks ???
NOT a guarantee they will make it... but, that IS exactly the set of circumstances I am deliberate in looking for in my participation at this end of the market... I want to find $0.04 or $0.01 shares that are worth $3.50...
The variation in share prices down here isn't meaningless... given the difference in leverage between $0.01 and $0.04
But... I'm still not here looking for a $0.01 stock that can run to $0.04, rather than a penny stock that will survive and succeed. Market pricing is not just inefficient, it is largely irrational. Which doesn't mean there isn't benefit in driving the price of a $0.04 stock down to $0.01, including that managements clearly DO benefit at shareholders expense from enabling that sort of underpricing... That IS how the markets work...
The difference between $0.01 and $0.30 is market noise... which doesn't mean the noise isn't patterned... or that those who understand how the market works won't benefit from patient efforts in picking the risks to take, knowing how the markets work, and expecting to benefit from the awareness.
The bigger risks that tend to exist at this end of the market in companies like this aren't of the type that the business isn't surviving or that the tech won't work, etc. It is instead more of a risk that the "take down" of the share price during this period of a more or less deliberate pause in market focus... purposeful distraction, if you will... is one that will be used to try and detach value from the shares.
The ones you need to worry about aren't the ones pointing out the business appears to be succeeding when it is... instead of the ones trying to convince you the value you see doesn't exist... because they want to facilitate its continued undervaluation as a prelude to a more deliberate taking of it...
That risk does require that you be aware of what those sorts of risks are... and, whether XJT or ABSY... that you do what you need to do to defend your interests... whether by application of strategy and tactics in market terms, or by more purposeful efforts in defense of your rights after having taken a position.
I try to look at stocks as businesses... and stock holdings as ownership interests in a business... and consider the whole lifecycle of the business, including the market cycles as they correlate with business development, in seeing the "big picture" that applies to the company. I'd rather buy $0.02 shares in a company like ABSY, while helping them to succeed, than to buy the same potential benefit for $1.80. For the same money... I can afford the risk... and with the approach applied, the method helps lower the risk...
A few years ago the company turned down a buyout of $3.50 a share. I was also in around that time. At it's highest point I believe the PPS reached about $1.8. Unfortunately instead of selling and doubling my money I believed in the company and product and stayed long. That was obviously a mistake given the current PPS. Good luck but the few of us that still pay attention to this board from that timeframe just want to make sure new investors realize what has happened with this company. But do your own DD and make your own decision if you want to invest in this company.
Of course, there IS a reason it ain't over until...
I don't know what your situation is, or reason for being here or anything, either. You mentioned something about over $3 ? If you're still holding from way back then, I wouldn't blame you for being unhappy with seeing it here...
I didn't even start looking at it until it was bumping $0.04... and I don't see that since I started watching it that they've had anything but positive results coming out of their relationship with Staples and Fujitsu. Maybe just me, but I do care more about what they are actually delivering as a result in the business than I do about what they are delivering right now in stock performance tied to PR that isn't being generated, etc.
It seems pretty likely that patience here will result, eventually, in some larger to system wide sales to Staples... and I'll guess that when that happens they won't be trading at a penny. Probably won't be limited to sales just in Canada, either. I don't feel particularly inclined to throw rocks at them for succeeding in every aspect of the business other than closing the deal, when closing that deal is far more a function of Staples choices and timelines and decision making process than ABSY's...
There aren't that many shares out. I'll continue to buy shares here now and again. Don't really care if it drifts lower in this price range... which I don't think has anything to do with anything other than drift in a pretty quiet corner of the market.
Show me the business isn't working, or the products aren't ones the customer cares about... and I'll quit caring, too, without worrying too much about writing it off. Otherwise, the effort I see to walk share prices down appears only a bit too purposeful to me... and the current trend is one in acquisition, not distribution... so, do with that what you will ????
Staples and Fujitsu chose to work with them. That is just a fact... and, the unavoidable fact inherent in that, is that their contracts are with ABSY... which is why it is ABSY that is doing the work the contract requires ? Aren't there patents ? So, who else is it that would be able to deliver what they are, given they own it ? Any other that has come close to matching the ABSY tag/software performance ? No ? Staples knows what they are doing in addressing this issue... and, I do trust their judgment just a little bit more than yours... particularly given the evidence.
Still laughing at your second, too... which has you disagreeing with yourself. ABSY "might" get Fujitsu a sale... and they will work with ANYONE who might ? Hmmmm. Where are all the other "better managed" RFID partners working with that whoring Fujitsu and Staples to develop cutting edge solutions that meet Staples needs ? Again, that is already an issue of fact defined in the relationships, here... sales ARE happening... which means Staples IS relying on a 3 man company ? I guess I can't find a way to read yours that doesn't have you saying it is the ABSY component of the contribution that seals the deal for SPLS ?
Of course, there ARE reasons for that, too... why a CIO of a large company would work with ABSY in solving these problems and meeting their needs, rather than, say, Accenture... and it boils down to four issues: ownership, expertise, responsiveness and cost. The effort IS apparently being well managed, which is why they can make it happen with only 3 people and still be highly responsive... and make it happen without the fictional dilution critics posture ? What is the outstanding, now ??? Are they profitable ???
If it wasn't the management that put the deal together and made the deal happen... who was it ?
The rest is typical market blather... that tries to posture share price as a proof of lack of value... when, of course, price isn't value. In my estimation, management is looking pretty smart. They've kept the key relationships intact, have more than delivered the desired results, and haven't wasted a lot of money in the process.
The only joke I see in any of that, is the analytical skills I see you have applied in posturing your effort...
OK, take your first statement.
You say there is nothing wrong with management because Staples and Fujitsu chose to work with them.
1. Staples chose to work with Fujitsu, not these morons. I wonder who the contract is with? Do you think Staples would sleep at night relying on a 3 man company? No CIO would do that.
2. Fujitsu will partner with ANYONE who has a product that MIGHT get them a sale. Fujitsu would partner with my 12 yo daughter if she could get them a sale. I've seen it a hundred times with IBM and HP.
3. I asure you it was not MANAGEMENT that attracted these two organizations. Thats a joke.
BTW, the last bid was .6 of a penny. A far cry from $3.50. How smart is managemnt looking now? Way to go management!
And thats just your first statement.
J
So many errors in mine you can't bother to take the time ?
Show me ONE...
There are so many holes in your argument, it would take too long to answer them.
Time will tell my friend. Lets see where it goes. I am betting against them.
I would go short, but at 1/2 a penny, how much can one make?
Yeah... that must be why Staples and Fujitsu chose to work with them... ???
The realities that matter here are that it works, that they can make it work better, are doing that, and no one in the market has anything that works better...
After that... two limits: Customer decision making timelines in big box retail is ponderous. Cost is an issue. They likely aren't going to see sales taking off until they can solve the cost issues... and see larger customers adopting the solution across large markets.
There are three ways they have to address that need. One is by changing the product designs to enable lower costs in the manufacturing. Another is to change the relationships that define how the product is made and what it costs to make it, to enable manufacturing that is scalable, with cost reductions tied to volume. The third method pairs with the other limit... that whatever the design or manufacturing costs per unit, you need large sales to lower per unit costs. Likely they will need to see multiple larger customers deploying widely in order to have volume lower per unit costs to the point where the critics have nothing to complain about...
That leaves them still largely dependent on partners... Staples (deployment decision) and Fujitsu (sales support)... to help them generate the sorts of coordinated efforts you'll need when many customers are necessary to enable lowering cost with large quantity production.
It also leaves Staples as more or less both the cause of their problems, as well as their primary opportunity. If Staples wants to implement the system, but first wants to lower the costs ??? They will need to buy in volume to help lower the cost ??? Chicken and the egg issues ??? They need to make the decision to implement system wide themselves in order to lower costs to the point where they want them to be... and if they won't make that decision, it isn't likely that anyone else will sign onto the effort necessary to lower costs.
I expect that makes the ongoing cost containment efforts at ABSY the critical feature that will define the timelines from here. It leaves you needing to know what Staples will have as their real decision criteria, and needing to know how ABSY is doing on product development and coordination of manufacturing elements that will be needed to lower cost with higher volume. Until then, it looks mostly like Staples is trying to squeeze all the blood they can out of their suppliers...
It doesn't look to me like Staples is giving up on this, rather than working to figure out how best to do it... and when.
Meanwhile, it still looks like ABSY has found a way to survive and even be profitable at lower volumes by addressing niche markets with smaller scale production... while waiting for the larger partners to get their decision making processes through to the end of the process pipeline...
If ABSY can lower the cost of designs or of the contract manufacturing of their components, below Staples threshold... or, if change in the markets or competitive landscape changes the threshold... they should see big market relevance occur in a hurry... and the impact to ABSY of the shift in the transition will likely be wired in before a decision is made.
Pinksheets says 23,450,000 as of Apr 30, 2006. Looks to me like they've sold not more than 15 million shares in the last three years... so call it maybe 38.5 million in the float... while assuming there may be some PP shares or insider holdings that are not reaching the market.
I don't see that management has any ability to "manage better" to solve the market problems that tend to be their limits. ABSY won't change how big box retail makes decisions, and the ABSY tail won't wag either the Staples or the Fujitsu big dog... which doesn't mean that what ABSY is doing isn't going to work... with the partners they have... in the time it takes.
Success with Staples and Fujitsu in the long term also doesn't seem that it generates any particular limits on ABSY now... so, there is also potential that they will find other partners, other customers, or other ways to address the markets that use what they have in ways that will help them overcome the limits they have now. Looking at the others in their market, I still don't see any that have the sort of risk/reward that ABSY has.
I'd still not recommend anyone bet their life savings on ABSY... given the level of risk that clearly is the sort that comes as an inherent fact in the single customer dependency. But, I'd also point out that betting against ABSY succeeding is also betting against Fujitsu and Staples... which still leaves me thinking that the potential reward with a deployment decision by Staples makes it worth taking the risk with a small stake...
Agreed. Good concept. Good potential, but...
Management incompetent and very greedy.
Don't forget Staples in the US
With the cost of tags being in Canadian dollars Staples US would get a significant discount right now. We've been told they are watching closely what's happening north of the border.
About six months since this was published...
http://www.itworldcanada.com/a/Daily-News/0129f2e6-91be-4d62-b8b0-26c866b2c65f.html
I'll guess we getting close or are due for an update on the expansion of the trial efforts into more stores ?
Might also be interesting to know how the cost containment and development in product extension efforts are going, too... I still expect that the shift to larger scale production is going to be a major part of the elements that matter in cost reduction... but, also expect we are likely getting closer to a point at which the clear value apparent in the math makes it make more competitive sense to accelerate adoption than delay it.
Look under the Documents tab on the link, and you can read the Written Opinion of the International Search Authority... which validates a number of the most significant claims.
It also discounts some number of the claims, some of which seem properly dismissed, while there are others which appear to me to be wrongly determined in applying overly broad definitions that discount the novelty or inventiveness attached to providing new methods for the providing of known features or functions.
Still, there is obvious and significant value in the elements opinion allows as clearly novel.
Thanks for the link.
Some reading on the Intellitracker patent filing
http://www.wipo.int/pctdb/en/wo.jsp?IA=CA2007001104&DISPLAY=DESC
A COMPANY RESPONCE TO MY EMAIL
Thanks for your inquiry. Our last release was in September prior to the major turmoil in the capital markets.
For sure things are taking a bit longer (and you would get the impression that little is happening based on the lack of news). In fact there are a lot of good things in the works.
We are waiting for concrete news that we can release.
Lots in the works with the hopes some PR will be released in about 6 weeks (if not sooner).
Discussions with Staples on major expansion of the technology which is proving to be exceptionally positive for them. We continue to generate revenue (and profit) through installations of the technology.
Keep you posted.
Apparently they never went to the retail convention in New York, the one that is still being advertised on their web site from January. Probably a cost saving issue.
I dont know if anyone is even updating the site any longer.
Because you were suckered into believing this actually had potential along with all of the other longs who used to actually post on here. Unfortunately most everyone I believe have given up hope on it. I sold a while ago just taking my tax deduction for the loss. This is a perfect example of a good product/business model but horrible management IMO.
As a longgggg holder of this stock, I was reviewing the $3.50 US offer made in June 2006 and rejected in July. Rejected BY MR JOHN FRABASILE and his board. PLEASE TELL ME WHY I'AM STILL HOLDING THIS STOCK ??????????
I'm just saying if you want answers get off your ass and email them. Spin on that.
Why don't you try it and give us your spin, LOL!
info@absolutesky.ca - It works - try it
They apparently did not attend the conference in New York City.
There web site has not been updated in a while. In fact they still are advertising the conference that took place at beginning of January.
There is no news on the site.
Anyone know anything? Hear anything?
I could care less what anyone thinks is funny on this board... and did I say I invested or watched?
Ok I was just wondering
Oh yea and ABSY - HORRIBLE
That is too funny.
"I watched it go from 1.25 to .01 .... is that worth any ones time? NOOOOOOOOOOOOOPE"
All I take from that is... your bashing yourself... ??? ...since you've must think it IS worth your time in watching it that long... since you have ? You must have wasted a hell of a lot more time on this than I have, watching it go from $0.04 to $0.015 ???
Of course, we all know that stocks that go up, only go up... and stocks that go down, only go down... which is why market prices are always precise reflections of future value ?
Either ABSY is profitable now... or not...
Either ABSY is diluting... or not...
Either ABSY is likely to see customers they are talking to adopt the ABSY solution on the typically ponderous timelines their industries tend to apply in decision making... or not...
Either SPLS is planning on implementing in more stores at a rate that matters to ABSY... or not...
There are so many things you COULD talk about here... other than your perception of your own habits in wasting your own time... that I'm forced to agree with you. You clearly ARE wasting your time if you are in fact spending any of it here...
WOW - no one posted and so there is no mod
If I keep posting I can become it ....
Then .... I'll close the board down
ok so this message that I wrote that was deleted as probably because the moderator didn't like what I had to say....
Yes this stock is useless and worth nothing
I watched it go from 1.25 to .01 .... is that worth any ones time?
NOOOOOOOOOOOOOPE
I'd try info@absolutesky.ca until they come out with an official press release like they've done in previous years.
The home page says they attended a convention this week. Does anyone have feed back on leads generated out of it?
JRMOAM
Letter from PinkSheets.com to SEC on short sale rule changes
Just in case you're bored
http://www.sec.gov/rules/proposed/s72303/pinksheets060904.pdf
Shares Outstanding
The last time I asked was Dec 2007 and was told this;
There are 36 Million shares outstanding, most are restricted. Free Float, last count, was about 6.2 Million Shares. Management shares are restricted and non-trading.
Does anyone have updated info?
Looking at a two year chart for accumulation/distribution, what I see is a pattern suggesting the volume of share sales in trading vastly over-whelms any share sales by the company, which obviously have been minimal... and are obviously declining now to the point of insignificance. Perhaps they haven't reported changing numbers in the outstanding... just as they haven't reported much about their changing financial condition as they turned profitable ?
The difference is that shares sold DO show up as shares traded... and there haven't been that many shares traded for dilution to be that big a factor. If you think there are any more than 30 million shares outstanding... show me where you think they are ? Otherwise, the PATTERN looks to me like there might be a large short working the trade... perhaps also not reporting... maybe MM... so the volume of shares sold short now might be a much bigger issue in the future than any risk of dilution ? Otherwise, the volume reported as short went to zero in October... but the charts seem to be saying something else.
The success the company is having in implementing with Staples, and the LACK of new share sales... also the word that they company is profitable at this early stage in their ongoing development... might make this a fairly risky short holding I would think... certainly would not make time the friend of the short now. The lack of news might usefully mask that risk.
I like that the company has kept quiet for some time now as they've continued to make real progress in the business. I hope they continue to remain focused on making the business work, generating value, lowering costs, without bothering too much about generating news, until they are ready to pull out the big bat and whack it out of the park... At that point, if my suspicion is correct and there are something over 4 million shares held short, this could prove more entertaining than I expect.
Shoplifting and employee theft on the rise
http://www.claimsjournal.com/news/national/2008/11/19/95625.htm
When was it I predicted here that this would be coming ? If you plan for costs vs. losses based on static assumptions, you'll end up not getting the numbers right. How deep and how long the recession will be, and how that will factor into altering behavior over time, are factors to consider in balancing the costs and benefits of loss reduction efforts.
In ABSY's case, higher and increasing loss rates will mean shorter periods of time will be required for the deployment choice to pay for itself... while reduced losses now that help pay for deployment, also help position the user for higher profitability and competitive supremacy as the recession ends.
Look at the chart...
First, if they were funding the company by selling shares, wouldn't you think that they'd have to be selling more and more shares as the share price followed the market down, instead of fewer and fewer ? But, "more and more shares" ISN'T what the charts show, over the last couple of months ???
I think they've turned the corner operationally as they've moved from testing the initial installations into marketing and sales. Now that the "trial period" with Staples is over, SPLS is paying full price for their current installations. SPLS may be buying at a slower pace than ABSY would like, while gripping about the cost per tag compared to what they were paying in the below cost deal they got during the trial period, but, they ARE buying... and I do expect that the pace of installation will accelerate as SPLS finds the ABSY/Fujitsu installations give them irresistible competitive advantages relative to the others in their market.
It looks to me that there is a VERY good liklihood that they are actually profitable now... given the combination of recent payroll $$$ reductions, and increased $$$ from sales. That might not mean they won't still sell some shares... given an always present need to invest in R&D or in reducing production costs. Given the results of SPLS investment to date in testing the systems, and their commitment to continue that investment beyond the trial period into expanded installations, I don't see SPLS as likely to be making any decisions that will hurt ABSY rather than help them. I'm thinking current investments in cost cutting are likely to be... rewarding.
Beyond that... if they are selling shares to raise capital, and they are using the $$$ to invest in making the business work better in the future, to develop new products, or to be more competitive on cost, they sure aren't selling very many of them. If you interpret all the selling you see on the charts as the company selling shares, the sales events seem to be getting a lot smaller and a lot less frequent... fairly remarkable given the market trends ?
Otherwise, I don't have a problem with companies selling shares when they use the $$$ wisely in growing the business or making it more competitive... and I don't mind buying those shares if/when they sell them... which IS sort of the whole point of HAVING a stock market, so you can invest in their business ?
I don't like dilution mills that churn out huge numbers of shares to direct the flow of investors $$$ directly into insiders pockets any more than any other investor... but, that clearly IS NOT what is happening here... with so few shares being sold ???
Having major partners like Staples and Fujitsu doesn't eliminate every concern you might reasonably have, but, together with their performance, and the evidence that shows what they are accomplishing, paired with what is clearly apparent in the charts... I'd say they are doing more than pretty well.
Come on Pinocchio
You can do better than that.
Dude... They haven't even put out a PR since early May... which would have to be about the least effective "spam" campaign EVER... LOL!!!
Buyers bewares!
They sell ~1M shares at the end of each month to cover their expenses to suckers w/o reporting the new shares outstanding.
Even with the spaming, the share is still traded at 2 pennies
And we continue to have some insiders acting like Tweedledum and Tweedledee debating!
Filled the gap. Looking like a trend reversal.
SPLS: Sales Counters the Market Trend
http://www.thestreet.com/_yahoo/funds/geezeo.com/10447097.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
More evidence re my argument that SPLS alone will be able to use the current recession to gain in relative competitive advantage. I'd expect they'll choose to implement on a time line that has them fully installed prior to the point at which competitors would begin to see sales ticking back up... the timing of the point at which you have the largest relative advantage being more important than other factors in timing...
There isn't any particular magic involved in making the call... it isn't "just" a factor of the bottom line ROI vs. time, but more of a gut competitive call, with the ROI vs. time vs. the recession vs. the competition being the difference makers.
I think the timing matters more / most, because while the nature of the advantages the installation provides does matter and provide advantage during the downturn, they provide greatest relative advantage as leverage just at the point when there is an acceleration... at which point it allows you both to start up earlier, faster, and then to skip ahead a full step or two, while competitors have to take more time just to get their heads back above water...
Lost opportunity cost and lost relative competitive advantage will have to be priced and traded off against purely financial measures...
Most all of those trades went off on the bid yet the price goes up. Glad I don't day trade penny stocks. I'd lose my shirt with that type of logic. Your right though, must be very small float.
Yeah. I just happened to be watching it when it did that... was pondering it, thinking it was time to add a little more. Looks like the days of easy accumulation at lower prices are done for.
Didn't see any news or anything... and don't have L2 on it, but, it seems there must not be a whole lot of shares readily available now ?
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