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Wednesday, January 14, 2015 1:02:56 PM
I am not of that school. That might have been the case when the share price was $10, but at $5, not so much.
I think all it will take is just ONE PRESS RELEASE about even a moderate size SALE OF GLASSWARE.
The shorts are basically betting that GlassWare is just another ClipStream. A solution in search of a problem. The only thing that will change that perception is an actual sale. It seems like we have already had some, ie the Chromebook deals. But those were never formally announced. Maybe they were provided free just to prove the concept. Nothing wrong with that and from tweets GlassWare seems to be doing its job, but again no formal recognition.
The great part about owning ANY here is that the Overland part of the business probably makes the share price worth at least $3 by itself. And if GlassWare is only moderately successful in this huge expanding market, the share price will be multiples of what it is today. In terms of risk/reward it appears to be incredibly in favor of being long.
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