G'Evening RonnieD
My response to today is very positive. But stepping back, as an investor who has done the DD, you have to say to yourself this...
This stock is still a buy!
Now for me the picture has been clear since spring and has only gotten clearer. The fundementals are as impressive as a lighted billboard in a desert. There are no games with this company. You have verifiable news that in my belief will only get better. The products and services of Passur serve a market that is a vital market, especially in our post 9-11 world.
I look at these factors and say...Yes, without a doubt MDTA is a buy even at this level.
As news continues to show their growth, with a float this low I have no prediction how high this stock could go.
If you compare market caps to other stock of companies that have little going for it, then I have to conclude MDTA's future could be as bright as they come.
We are still at a market cap of under $8 million, and from the DD I have done with the CEO in the spring and last week Ronnie, you and I both know what the float is for this stock. For those doing DD, one of my posts back in May reveals the float total.
I added more last week, taking what I had in a position from another play to do so. I am not going anywhere and certainly not selling.
We all have heard other say (and we have said it ourselves), 'if only I was in XXXX from the beginning...'.
My view is that anyone buying MDTA over the next 2 years is getting MDTA at it's beginnings.
However those now in it got it at the infancy stage which for that all I can say is, let's enjoy the view along the way.
Vitamin DD
