Tuesday, November 11, 2014 12:56:08 PM
The more and more I look back at this news, the more I am shocked we aren't closer to $5 than $1.
There is no getting around the fact that all of those tens of millions of DMRJ options have to be converted first and I reckon you will need a cumulative 100-150m trading volume to do that. However the easiest way to get trading volume is to get big orders and profitable quarters and both seem likely over the coming year(s) and that was not a given before today by any stretch of the imagination. This big one-year single award $162m TSA IDIQ is the best possible scenario that you could have imagined and I am not sure even Buldoc was expecting it to be this big and he's known to spin a tale or two
.
There is no getting around the fact that all of those tens of millions of DMRJ options have to be converted first and I reckon you will need a cumulative 100-150m trading volume to do that. However the easiest way to get trading volume is to get big orders and profitable quarters and both seem likely over the coming year(s) and that was not a given before today by any stretch of the imagination. This big one-year single award $162m TSA IDIQ is the best possible scenario that you could have imagined and I am not sure even Buldoc was expecting it to be this big and he's known to spin a tale or two
.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
