Effective Control Transport Inc. (fka EFFC)

[TheBullTwit]

As a 20k share owner, I'm in for at least $2 on this. It's fun to have a position in my account that may bounce a little bit, but I know it's a company that actually has a product and money behind it.

I think I'll take some of my RAS earnings from today and pick up some more MCCY in the low 40's or high 30's if it sits here. my 500 share buy at .42 today just wasn't enough.

Anyway, I was wondering why someone hasn't purchased this company yet. In one of the recent press releases, they said they want to get a decent value for their sales, which to me would mean 300 million or more buyout. Seems a lot until you realize that it'd be just a couple of years for payback and the long term potential for large contracts more than makes up for that.

Maybe QCOM will pony up.