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Re: bunduru post# 59047

Tuesday, 05/13/2014 2:37:16 PM

Tuesday, May 13, 2014 2:37:16 PM

Post# of 163726
The PPS is moving sideways because people are worried about further dilution. Once the A/S comes down and the calculation period for IronRidge is over folks will come back. They are just worried about buying in now only to get hit with more dilution in the short term. Everything is going to get sorted out it just takes time.

This is the ground floor of a very long term play. Management is handling everything very well so far. If you need the money in the short term do what you gotta do but for those that can hold long term, this is a really strong pick to do it with especially at these prices. Imagine in your head ignoring this stock for two years and then coming back to check on it. What do you think the price is going to be? I'm sure based on what we have all seen so far that everyone knows this is heading north. A lot further north. The only question to that is how long will it take? Sure you can argue that you could be making money elsewhere during that time but you might go try to make money elsewhere and lose your shorts too. This is a company that is not only a value play but a growth play as well. At some point soon they will be a momentum play as well. Expand your time horizons and you'll feel a lot more comfortable.