I had a friend who owns hundred's of thousands of shares of this stock talk to the CEO today. In the midst of their conversation, my friend jokingly said, "Man, I'm thinking of selling out now, I tell you what, I'll sell all my shares to you for $25.00 a share now." To which the CEO responded, "well, I'd hold on to them for a few more months..."
I know they can't say much or it's considered inside trading, but I think they will have a lot of good news coming out soon. Additionally, according to the conference call - they were hindered in production this last winter because they had the harshest winter in like 30 years, (makes you wonder if there is any truth to global warming...), but that's just an abaration, now that things are warming up, production will increase and I see some good news coming over the spring and summer. It looks like it hit a resistance level today, but it still has plenty of room to rise.
To address the question of the huge share fall out in the fall, that was because people had really driven the price up on rumor of big news that never materialized. This news that we are hearing is not rumor. good times ahead!
Remember the Widows and Orphans.
