I get the same newsletters. If it's all that it's cracked up to be, it is a buy. I got in cheaply and sold half when it doubled so I have the rest for free. Do I cash out now to capture 380% in profits when it could be cheap at 2.50 in the next 2-8 weeks or longer? It's expensive, IMHO, unless contracts are announced next month--big contracts. At this point, I wouldn't be surprised. It was down almost 10% today so there may be a buying opportunity ahead. Monday maybe? Maybe not?
Here's the latest scoop. I figure the guy's trying to sell newsletter subs so if his wild predictions come crashing down, so does his reputation. Ot maybe he doesn't care?
In short, no one can predict the future. If the product is that good--maybe it will sail to the $20's in a very short time. Despite what you may hear, there IS a product, which they license from MVSystems, Inc., a non-public and very legitimate company. Look up MVSystems on the Dept. of Energy's solar site.
One of the scietiosts behind the technology is Dr. Arun Madan who has over 30 years of experience in thin film semiconductors, materials and electronic devices and was one of the originators of amorphous silicon in 1970 in the United Kingdom where the first TFT (thin film transistor) was fabricated as part of his Ph.D work. During his career, he has published over 100 scientific papers and co-authored an advanced semiconductor textbook which has been translated into Russian and is now being used at several universities. Dr. Madan also has over 20 years of experience in international sales and marketing with sales of technology and equipment exceeding $150 million. He has built two companies from startup: (1) GSI (investor backed) was formed by Dr. Madan in 1985 and achieved a world leadership position in a period of 4 years with an employee count exceeding 60 and multi-million dollar sales worldwide. (2) MVSystems Inc. (no investors) was formed in 1989 to design, build and deliver state of the art systems for thin film semiconductor manufacture. Over 70 systems ranging from R&D type to production for manufacture of electronic devices have been delivered to date and are located in 18 countries.
MVSystems has millions of stock options on XSNX in exchange for the licensing deal. One thing I'm not excited about is the lack of insider buys...but then again, they probably have zillions of options to exercise and they will take profits on some from time to time.
It's a heady ride. If you don't have the stomach for it, or like to sleep at night, you may not want to buy.
AI
