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Hope they start posting
regular updates IF there is something going on. Being a pink they don't have to do nothin. Come year end a lot of old time investors, if there are that many around will be making a choice for in or out. Think six more months is plenty of time if they have any juice left or not.
It's nice to save a good penny or two drifting down but they better get busy and get some deals and projections out if they want an interest in their stock. And even if they do, being a pink sure isn't something anyone would be willing to pluck a half a cent into.
Just too much fraud with stocks these days esp with the low end. Not that this is one but you sure aren't going to see new investors come in so this stock will remain under one cent for quite a while. My opinion.
The months turned into years with VTSI and still nothing doing. Go figure!!!!!!!!!!!!!!!!!!!!!
Hey Kelly
Hang tough. Stick around. I too enjoy your posts.
As this company progresses, your insight is very well received by many people here.
The pro's and cons will go on till doomsday. That's what makes it interesting, the different views. A "duel" here and there goes with territory and the posters and posting. Who gives a hoot one way or the other.
Kelly
Initial contact is one thing but follow up is another. I beleive that the company followed up to consumate the buy.
Don't beleive things occur once a customer is or has contacted a supplier for something they may be interested in.
At this point, the past is the distant past to say the least.
What is it, over 2 years ago or longer. Come on now, give the current company personal some credit to finalize the deal by following up a lead. (:
(hope all is going well with you. Things looking a little peachy now don't you think?)
Expected "something"
on 12/31/07 from the company to be posted on the air waves.
Very surprised nothing came out. Makes one wonder how in the heck they are going to get this company going in view of the price sub one. Nice talk but no action as for forward movement not good. Price reflects it.
Will take a big bang to get this off the ground if they are serious to keep the company alive.
Still don't think it's worth while to buy even at this low price without anything to look forward too (solid sales). Very risky at this point. No news is not status quo for VTSI. They are TOOOOO silent.
Happy New Year, I guess!!!!!!
Been saying that for YEARS
The market for overseas will/would be the turning point, and I don't mean Mexico but Europe/Asia. Seems the company "double talks" the word international and means only Mexico.
Had mentioned years ago and recently, and Kelly can confirm this, that the big bucks would be overseas providing we had the tech and the salesmen to travel abroad spreading the personal out so we had someone or several people always out there while the others are home. Company seems to have stayed with the presumption to make it with the US market.
After all these years, has it?
The Threat Fire belt is a huge selling point no matter with kind of system we have. That is a nice edge IMO.
Has VTSI turned the corner? Beleive so, but where is the multi million contract. The US market does not seem to be the place for the big dollars. It does however now pay the bills but being even will keep the shareholder value just where it is, going nowhere.
Realisticly what is needed to move the value is a titan contract and simply don't see it coming domesticly after all this time. Nice to have the lights on but.................
Been harping on this for sometime. But that's why we have management, to lead us to on which ever way we go.
Venting, you bet! Hate to be stagnent.
Guess it's going to take a major sell
to get us out of the basement. Observing, it all sounds good with the direction they have stated. Unless we get a multi millon deal internationaly or domesticly, price will lag forever.
Might be a good buying time for more but not here. Been down this road toooooooo long. Hopefully we'll see a turn before this qtr ends.
If not, sure we'll get more of the same great PR talk without substance and another year will go by. And yea, down to a cent in price. Not ripping the company, just stating it like I see it.
Time to perform sales team.
To --------. (thank you)
Cannot privately reply as am just a freebee here.
Those two sites, no but used to.
Glad you holding as I am too. Should this break out, will be fun to add the pennies up. \\ We will see pretty soon I agree.
And you too. :)
Happy trading.
Doug - Felix
Doug, you are probably right on the money. The holiday dates don't warrent a major post. So we'll just hang on as we have been but they'd better follow up to retain credibility. Why? Because we are not the little bitty company of a year or two or three ago. The steady progress VTSI has made in the simulator world puts us in a new era esp with the US military. Not the unknown little guys like we used to be. So when a statement is made now a days, it has more meat to it IF it is for real.
Felix: good point of view however like I just stated we are in another phase where as VTSI has proven and sold many simulators since the Kelly days of optomism. According to the company, we are on the march for greater sales due to better product and contacts with INTERNATIONAL posibilities. Glad Kitchen is back. He may not be the "wonder boy" we all thought he was but he may be the right person for the job IF we have these leads like the company says we do; and he can close them. Guess time will tell.
From the JUNE 7, 2007 press release
A quote from that PR reads: "At present, we are forecasting more business than ever before. In addition, with imminent international trips planned THIS MONTH to include customers in the Middle East, we anticipate a number of very large international simulator tenders to soon be awarded and I am pleased to report the company is in the best position ever to win a good portion of these tenders," Kitchen concluded.
As we are now almost 3 months later, would be nice if the company could upgrade us as to its progress. OR is this just another "fluff" to appease the masses. ................. (something to be read and then forgoten)
Is almost THREE months to soon for a progress report or to announce a major sale of "a number of very large international simulator tenders TOO SOON be awarded." Seems to be time to make a statement after this statement, no? Have been patiently waiting for anything re these statements.
Either we have something or we don't. The stock price can't get much lower now can't it; or can it without something substantial like that suguestive statement in the 06/07/07 PR and nothing following it up.
Then again is this just more air let out of the baloon with no substance behind it. Geting old at this point; give the stockholders something if this is for real. Is this to much to ask????? Who knows.
As management does not beleive in responding, perhaps they or one of them does read this site.
HOW ABOUT A PROGRESS REPORT GUYS, if there is one!
Not venting, just want a clearer picture for all of us as to where we are going if we are going anywhere. Thank you /////////////////
(and yes, what you DO put out via PR is read and followed)
By the way, how many sales personal do we have to date?
Post it here or to my email. Thank you.
Very nice HOWEVER
We have heard this kind of talk in the past. Still standing by but sales speak louder then comment. With international sales one does not have to wait till the fall. Seems to be stating, hold off a little bit longer, which we have heard repeatedly, in one dialog or another.
Based on the Generals statememts, stand by to stand by. What other conclusion could you beleive at this point.
Should VTSI have THE product, only conclusion would be the sales team is three steps behind or not pushing the product while the window is "open", so to speak.
Occuring to me is the fact at this slow rate of progress the only way us longtimers will make money is a buyout, if that is possible. As a company it sure is a snalls pace to say the least. Do we really have a sales team??
Talk is very cheap is where I'm comming from. Perhaps they should start selling with half down and the rest due in 6 months or a year just to propel a market. This is getting to be a yearly thing with this company and we are going nowhere presently.
Another subject: have they developed another breakthrough item or such or are we coasting with what we have. Would be interesting to know.
(Hey Steve :)
Doug, one at a time just does not cut it and that's what can be expected these days and days of old. Only kind of turn around for a price rise will be a sizable contract. The single sales just don't cut it and never have. Price will rise then drop just as fast with nothing to back it up.
Just speaking realisticly; not meant for a knock.
Really in a slow mo mode these days.
Products seem to be A-1 but sales are one at a time or non existent for multiples. As the years pass by makes a long timer wonder if this will eventually get off the ground.
For a quick fix, need some more wars? Guess not as we have some to peak interest that might want the troops trained.
Is this being worked on>>>>> who knows what management is doing in this respect. Do we have the sales force in place to push this to obtain business. How many sales people are out there. Hopefully more then two big players.
Law enforcement, yea a smither of hope for one or several peices of equipment I guess but when is the bonanza going to come. Hope not in several more years at this rate. Seems to be the norm the last few years.
Good to see Mike back on board as an "original" but like they say, "what have you done for me lately". Actually what have you done prior that's a major deal to bring in respectable bucks. Had high hopes at one time but unless we have some very good leads, need a closer to get this going. Do we have a closer??
Over seas was always a big factor. Is this where the money really is (as have stated years ago IMO) as we have flunked out domesticly for a sizable contract. Don't care what the reasons are why we did not land a big contract domesticly with the military. Only thing that matters for survival is to get something honorably huge so the company can survive. Is this really possible or a continuing dream of the shareholders. As the years fly bye bye. makes one wonder doesn't it.
BASED ON CURRENT EVENTS
This company has a huge oppertunity to obtain major contracts.
Is our sales team, including the General, up to the task of convincing the US military that we have THE simulators with the threat fire belt, one of the most modern to date, at an affordable price, to position within a reasonable time to train units in the states and overseas in this war. The time is NOW not 6 months from now. A company has small windows of oppertunity and this time may be Virtras. You just don't sit on it but act accordingly and seize the moment.
There may not be another time in this company's future to sell based on current events and public outcry to get out. It's in the news every day. To help protect lives, you train. How many more deaths do we endure daily to our troops should they not have the BEST training available.
Will we or can we take this chalange and put in the extra company effort to get the job done which is to sell our equipment.
I beleive if VTSI does not make a significant move to obtain significat sales now or by the first quater of 2007, it never will acheive anything. Strong statement, yea but it's real!
What other event could there be that would cause military interest to buy NOW no matter the cost to save lives; not any I can think of.
Just a thought that seems logical at this point.
And we're still getting very little info as to where we are going since the 400m shares were authorized. Not good at all. What is with this management team anyway.
Furthermore RB,
I agree with Ellington. You have to look to the future. What better way to know company direction then being on the BOD. Being in a position to voice your views with the other members is very powerfull especially now that VTSI is starting to generate revenue.
AND just as important the board will be making decisions reguarding all those extra shares and where they will be used.
This alone makes a board seat invaluable.
You don't agree with the total they want, well neither do many of the other shareholders, me included. Not that the current board are "yes men" but we don't know any of them like you do. Would it be adviseable to have someone there who has a shareholders view on topics that will be effecting the company.
If there was an offer for eight figures
what does that tell you. That this company has fantastic products and some company will pay through the nose to get it.
Beleive it or not, VTSI is braking out. I'm pretty sure that the potental suiter also checked out what future business is scheduled too, to offer those kind of dollars.
Now that sales have picked up and who knows how many more deals are in the works, the light is getting brighter in the tunnel BUT they need some breathing room and shareholder backing to move forward.
(my last post to be noted again)
Re the extra shares
If VirTra is to exist and be in a position of self sufficency and power to call its own shots, I can see the extra shares as long as it will be used as restricted when used.
Example that comes to mind is like having no money in your bank account and living from paycheck to paycheck each month with no credit card to fall back on. It's that simple.
No company will consider credit unless you have something of value (stock) that would pay them if they take your order. Kind of like a bank, no? Colateral is everything today.
Re the extra shares
If VirTra is to exist and be in a position of self sufficency and power to call its own shots, I can see the extra shares as long as it will be used as restricted when used.
Example that comes to mind is like having no money in your bank account and living from paycheck to paycheck each month with no credit card to fall back on. It's that simple.
No company will consider credit unless you have something of value (stock) that would pay them if they take your order. Kind of like a bank, no? Colateral is everything today.
"I really hope the general is waving the $2.5 million in PO's in front of the suppliers, or maybe depositing a personal check for $10,000 in critical parts to get the cash flowing."
Good points. The thing that perterbs me is IF we have such good orders in the mix, why doesen't our "rich" company executives with all of their shares/money, PUT UP SOME PERSONAL CASH to show us "little people" this is a good thing; that they beleive what they are asking us to. Lead the way and show that YOU too, share rich company exec's, see a bright future in the company and are taking a risk with us. Don't put the burden on the hundreds of shareholders. JOIN THE PARTY. Mr Ferris especially, et all, any response?????????????????? (of course not)
Without individuals of the company backing of cash/stock, even at a modest scale, makes you wonder if this is really a beginning or a delay. Skeptic? Yea guess so but what fruitfull ploy is the company doing to gain credibility to go forward. Only thing I see is asking shareholders to "show me the money". Guess they want ALL OF US to foot the bill if this goes or doesen't.
Seems to me as odd. And re Kelly taking a huge discount for his firms fees; yes. Per the messages it does appear that the company will drag this on with no response from them to Kelly. Alas, what's new in the negotiation world of law. Nothing new there. Another carry on.
Conclusion: the company individuals have more to lose then us re the share count, include Kelly in this too. Why would you NOT want the company to succeed. So put some of YOUR cash in the kitty and pay some of this debt down. If it does not go per plan, you get to write off $3000 per year. If it goes, you make a ton more money. Hell, with all the shares the top people have they'll be writting off till doomsday if this goes south. Then again they're asking us to dilute our shares with OUR money however it looks good up the road so they say. So put your money where your mouth is company gentlemen!!!!!!!!
And the beat goes on, and on and on and on............
sbc
That they don't care or need the shareholders vote is a good assesment.
Re a good old fashion CC - we sure do. The company's open statement to me is very key. Fingers crossed we have one very soon.
So after the proxy we will be getting informed as that is the hold up? Sure hope so. Time will tell and frankly it's been too much time already.
Question remains
Whatever the share amount voted for or we are stuck with, WHAT WILL THE FLOAT BE after all is said and done. Will it be way to high for an increase to the stock price or nominal for a slight rise or fall because it is to many and/or the business is just not there.
Key seems to be the float. Nothing has transpired to advise shareholders after the proxey where we will be. Would be acceptable to know if a majority of shares would be held as restrictive but we are advised nothing with this issue. This would play an important judgemental decision if we knew; keep us in or maybe say bye (and sell) if not acceptable. In essence how could anyone make a sound decision without knowing. The float and restrictive shares hold a lot of water to keep this baby alive under the company proposal
Without anything mentioned, ............................
weo, good comments.
Re the stock dilution. No they would not be in the same boat as a regular shareholder. They would be many steps ahead simply by granting stock obtions to cash in at any level of price.
So Mr Dalby has a limited amount of company stock? May be but why buy anything when you can obtain stock obtions for free. Not knocking this comp but just putting the issue on the floor.
Conclusion: shareholders are left holding the bag no matter how good or how bad any plan looks.
Stupid remark time
Being not astute as several here it has occured to me a few things:
Quite posiblely will there be a vast restriction of shares should this pass for the increse 500M. In vague terms, what will THE FLOAT be should this pass. Will the company "store" this seemingly excessive amount of shares or would it be in the float. Restrictive shares??? Without any company "info grams" it is hard to make a decision with what they put out. To give a "cart blank" I love you I believe, is out of the question.
Observing the new business, as put to light, what could turn this around for an upward trend; surely not an increase in shares. Do not see what they have put out to the shareholders as a positive mark. Company seems still very secrative as to the future plans. This is a negative up to this point.
Nice to put out positive info however, is it really positive without knowing what the hell is going on. 500M shares seems very excesive from 100M. Without knowing the direction they're heading and NOTHING informing the shareholders except for company info grams, to what they want to say. it's hard to guess where we are at this frame of time.
Wonder if there is an acqsition around the corner to request such a large increase in shares. Then again, why give the store away if that's the case. Nothing is making any common senxe and they are very quiet to explain motives.
It's part of the whole pie
Although we want a piece, we got a piece with the Marines or according to the company, it;s forth comming. There are several companies in the game that have been in the game and have an inside tract. We do not however but the products should speak for itself.
If we have the best or near the best, our time will come. As long as it's been, apparently we don't have the inside connections with a top line product. Perhaps the good General might change that "inside" advantage. Takes however a good sales team (for any company) to crack that barrier after getting in the door, Do we have one, guess we'll find out shortly. With the 70B add funds approved by Congress for the military wonder how much is going to the Marienes who we are persuing. And of that Marine budget how much for training.
So what eles are we after. What happened to our overseas "potentials". No mention or talk about this market from the company in what about 6 months or so. Hate this one sided direction. At least it seems to be.
If you have THE best product in your field, or near the best, why no sales or clue the shareholders of your direction. Is it just the marines? Why buy if you don't know where we are going????? The 64000 dollar question. Nice to see the latest PR's. All optomistic. Hell, when have we seen a NON optemisic PR from any company. Hope this merger stuff gets behind us real soom (2 weeks and counting) so we can get on with some SALES, maybe from arond the world.
Re the merger: still think we're looklng at a 1 for 10 or a 1 for 15 based on current price of below .25. Goal sitll is off the OTC but getting harder without a major sale to prop the price. Should we get a substantional contract don't think it will jump as fast as some think. It could if there is another major contract behind it. Otherwise. stand by to stand by.................
Police simulators are good if you can get several. So where are we going these days?????
Doesen't mean they sold the warehouse
where they put the simulators together. Quite possibly the short trip to Tempe could be they have decided to have a real nice office for the general duties of conducting business. Looks are very important to a client and first impressions.
The warehouse at the Phoenix location is very big and excellent for working however does leave a lot to be desired as a working administration office for the company; it was not designed for that but as a work place to the best of my knowledge. Might be wrong but that's my interpertation. Cost wise with the price of land here in the Phoenix Metro area has skyrocketed to three fold since 2005. Would hardly think a company that doesen't have much money would go into heavy debt and buy a new work area.
To the best of my knowledge again, I think Bob and or his family own the VTSI warehouse. Would surprize me if they did sell it and move the whole operation to Tempe. Guess we'll find out when they update us hopefully before 2010.
Kelly, thank you and I understand.
Yes, since your departure with no communications at all from inquiring minds with general questions, the lack of it shows the current mentality. Stand by to stand by IS the order of the day, each day. Investor confidence does not count anymore.
The increase in the outstanding shares affirms my reasoning again that they will have a much higher ratio then 7/1. If in fact anything goes thru or resembles what we have been spoon fed to date on the "merger", how will they present it. And yes I know there are probably other conclusions but.....................................................jmo
Have a good weekend Kelly.
Current things makes one wonder
Nothing since the Kelly days of what may be happening, humm!
Why per say????? If VTSI has "one" of the best products or maybe two of the best products in its field, why nothing of a big contract to date AND nothing from the management to keep the flock interested. Mr Kitchen, nothing overseas if not domesticly???????? Strange to say the least after this long.
Only thing that makes sence is a possible buy out. True Kelly would fill in on things that MAY happen that didn't. Made one hang on for more. Great job Kelly. Currently no communication with shareholders no one knows what the hell is going on. Great way to attract new investors. (must be missing something)
Have sent two messages to two different people and no response. This company is going backwards. Can see how much the shareholders are valued.
And Kelly thanks for NON RESPONDING to my inquire on this board.
Guess you reply only to your friends. Don't want a reply now but thanks anyway. Your opinion was valued even tho it way a standard message to any inquiree.
Again, think we may be being bought out but the haggle over price per share is the key IF we have the best tech in our field. Who knows the truth these days. The price and non information sure shows something to investors.
So we will see!!!!!!!!! Hang in there Weo, who knows we even hit .20 again with a 20/1 split.
As far as the "initial merger plan" IS,
would not doubt that it will be changed. Don't take what has been said for the definitive way this will play out. There is nothing, as far as I can see, that would make anyone feel that the previous plan for merger will in fact play out, 7.625 for 1. (so my question to Kelly in my previous post) (yes Sir Felix, time for x-insider direct imput; agree) Would be helpfull.
We GOT very little info and get even less as to what the He-l is going on since around May. "Will advise" (very soon) on sales is still the norm here. They can post this each week and it means NOTHING. A change in management is just that, a change. Nothing but less info has materilized. It still comes down to sales, sales and hopefully sales. Don't care who is running the show, unless they step it up for mid and long term, this stock is going to linger just where we are now and hopefull management knows this.
We get NO mid and long term plans. Is this a key point? Would think so. Is it not the future growth that we all look to for price and survival?
Sure is fun holding this stock, isn't it!!!!!!
Rosebowl
Hey Kelly, hi. Unofficially do you think at this time that they will split the stock more then 7.625 for 1 when this merger goes through. This based on the low current price.
As a huge shareholder you have a ton to lose if they do. Without signifacant sales orders can't see the price rising either. Companies (and shareholder value) are built on continued sales so whatever is posted is just a one time event. Unless VTSI can lock in a contract over time for a sizable order, can't see a viable increase in the stock price. What's your view at this time and thanks.
J
Wonder if the 7.625 for one will still be in effect
So we got another 60 days to wonder.
At this point, in my opinion, it's not the accountants fault for this delay. Seems to me that we have some inhouse fighting going on. Hope it's resolved soon and we don't get screwed too bad.
In our best interests? Don't think so. Whenever has a company put shareholders in a first position, in their best interests; ha. And don't be surprised if the percentage changes. Looks like that a new plan will be forced on us. Could it be a 15 to 1 or a 20 to 1 exchange be in the works due to our low price?? Hope not but don't count it out.
You heard it first right here. At this point, expecting it.
Unless the General has an ace card to advise, could it go any other way??????
By the way, Mr Ferris, keep up your magic and dream up new ideas. You are the main brain in this company. We're counting on you Bob.
Rose, you just confirmed my message and doubts.
Thank you
To the positive
Nice to see "something" going on in the company and the shareholders advised. Touche' for those company posts, some sales movement. Possible upgrades in the works also up the road.
To the negative
Another two months for the merger while they still put the pieces together.
No major sales projections to date.
There must be a lot more going on with this merger then is let on. For something that "should" have been completed 6 months ago and it drags on and on and on. Very uncomfortable with this. Now another two months. Would not be surprised if the delay continues past that at this rate. Note nothing from the company WHY this is taking this long.
Dream on
As a loyal long this company has deteriated badly
No communication including personal messages is not the way to keep people interested in your company. Much invested here but the way things are these days, first pop, if any, bye bye. Cannot beleive management is so nieve as to not clue the public what is going on or projected at this date.
Who gives a care they are going to increase staff. Should have been done long ago to obtain business. Sales staff is the backbone of any business.
Letting off some steam? Defenitely. Confidence in the company. Not now. This is being run like a minor league. No news is NOT good news, at least not for this company. With people in with big bucks you would think they would have the decency to advise the masses what the hell the direction is these days.
Ferris I hope you read this. No more personal messages to management. Wouldn't buy more if it was 1 cent which it appears we are headed. Enough said!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
To the company management
Know these days you are checking this site, so will not privately address you as I have.
As we are in the "quiet period", does this mean you can say nothing at all of the company's business operations or projections??
It is at .055 for a reason. Do you want it at .01 ?? There must be something to say publicly that is legal while progressing through this point in time.
Kelly, sorry to see you go. Hopefully we will progress but still very concerned on the reason you left. Too many unanswered questions. If conpany direction is still in tact, that is good. If not, then questionable to be here at this point.
Ah, now you sound like a Doubting Thomas
Of course there is going to be a breakout. You just have to guess when. Yea it is VERY quiet now but things change when you least expect it.
Good night!!
Hey let's take a poll for when we break out
That would be more fun.
Who want's to go first. CharlieBunny, how about you?
We really value your upbeat posts, but you know that.
So what month and date and price do you think the breakout will occur. Waiting unimpatiently for your guess.
Go for it; we need to be enlighted by your expertise.
What's the diff
We didn't get a crumb anyway. Hopefully there is something brewing that will catapole us up in the short term. Perhaps overseas or whatever. And yes it has been very quiet for a long while. Don't like it either but not geting dispared.
By the way, good luck to you guys pulling out.
Dammm, I'm enlighted!!! $1000 turns into 30 million.
According to that previous article, let me see, if I held long for 70 more years with the right stock and put just say only $20,000 in this little company, my god, I could be up 6 bilion in my next life. Ya know but maybe better put in a little more cause of inflation and may want to add another room or two and a pool. AND the X factor: may have a few more x wifes and child support to pay over the next 70 years. That might be a few billion here and there. Heck I'm long anyway, why not a little bit longer. Profit margin looks GREAT. That's all that counts.
Nice to be a writer and make things fit how you want it to sound to make your point. Like say anything with the caculator and it fits and sounds just fine.
Now a bb company might be different. It could be a scam or a good play or a bust OR maybe a good play for real. Time tells the story. Everybody has their own view. The question is: is this the right story or the wrong story. Guess time will tell.
Yea sure Bylo
We're shakin in our pants with a loser. lol
Only way to make some coins has always been, buy low when nobody wants it. Is this a good or fair play? To each their own. Some may say yea and some may say nay. Weo says nay.
So what!!!!!
The daily flux on the price can get to some and then again, maybe not to others. Who cares, if you're holding long term as long as you beleive in what you're holding. That they have products that can make some big bucks up the road might be a reason.
I too was surprized at weo's bailout. Thought he was in for the long haul, through at least the merger. Whatever.........................
Think there are more holders then bailouts with VTSI at this stage of company product development and unknown sales to customers near and far. There IS a lot going on behind the seans; got that loving feeling!!!!
Good luck to you Bylo. May your "VTSI" bear fruit like this one will.
Games yes, they play very well.
As I had previously posted, got all that I wanted but had to keep at it for several days. Don't let one day mess you up. Bid it little above the lower levels and stay with it. You'll get filled with persistancy as long as no good news comes out.
One key is do not bid with a "all or none". That seems to never work. Leave it open and get it piece by piece.
Good luck!
Thanks for you analogies guys.