Austin, in your case I won't play Humphrey Bogart. My sentiments are with a few of the others. Give it a rest. Please don't play it again. Play another song or stop singing.
Management isn't going to say anything about anything until their ducks are all lined up. You can make all the demands you want, but it won't matter. Either trust and hold, don't trust and hold, or don't trust and sell. But please don't hold and harp. It doesn't help anything, and it probably hurts a little. And don't for a minute think that how you feel about anything makes any difference. Management listened to us about salary cuts, but they won't change their game plan because of what we think or feel.
If management doesn't line up their ducks, then the share price will eventually drop. Rant all you want and ask questions until you are blue in the face, but the shareprice will probably hold for a while and then eventually dip if no announcement of significance is made in the next several weeks. That won't be the end of the world if an announcement of significance eventually comes this year.
What constitutes an announcement of significance? I thought the success of the movie would bump the shareprice. It hasn't and I'm very surprised. That means an announcement about funding might not do it either, although I suspect it will help. I thought a funding announcement would be made before the end of October. I'm beginning to wonder. That means an announcement about the tech might not bump the price either. I guess the only announcement I'm now really sure about is signed contracts to buy our products. However, if a funding package is secured that allows rapid FPGA and ASIC development with enough left over for rolling thunder I'd be a very happy man.
I don't think I'll have to, but at this point I'm prepared to endure the twenties if necessary as I wait to the end of the year. After that, if nothing happens, I'll probably lick my wounds and sell my 144's as they mature and call it a day. Although I don't think that will happen I'll take it like a man if it does. I promise I won't whine. Get after me if I do.
I do like to make occassional guesses about shareprice and timelines. But I try not to beat it to death. Although the market strategy for the movie is such that it won't likely play on five hundred to a thousand screens as I once hoped, I still think it will gross forty million before it's over. I'll stand by that one. My October forcast for shareprice is in trouble. But I'm not going to cry about it.
I'm holding, hoping, and happy I got that off my chest.
