InvestorsHub Logo
Followers 26
Posts 680
Boards Moderated 0
Alias Born 03/20/2014

Re: Rjp9990 post# 43025

Friday, 08/08/2014 1:45:09 PM

Friday, August 08, 2014 1:45:09 PM

Post# of 55804
I totally agree. They are holding roughly half of the shares for a reason. Either hoping for a buyout or to pump and dump them later. They are stuck down here right with us. With the way they execute, I don't think their initial plans for international expansion are working and its looking more like they'll do the pump and dump route at some point. They do have solid fundamentals and a profit that would provide more than adequate fuel for a really nice pump if it comes to that. We've all seen total POS companies with no business at all (other than putting out outrageous press releases) have monster runs. Always trade down here based on what's best for the company insiders. Once they've given up on the buy out dream, then its pump it and get out time. I plan to be along for that ride. Not if, but when. I'm wondering if there is any motivation though to wait until 2015 to pump and sell shares so they don't have the tax gains to pay on 2014 taxes. If it were me, I'd like to have the extra year to have to pay the taxes. If that's the case, might not see a pump and run here until the December earnings release into January.