Sono Tek Corporation (SOTK): My thoughts on SOTK (current price: $0.7...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	42
Posts	4066
Boards Moderated	0
Alias Born	05/16/2006

veritas-twj

Re: None

Wednesday, 02/13/2008 12:17:07 AM

Wednesday, February 13, 2008 12:17:07 AM

My thoughts on SOTK (current price: $0.75) --

No real price support here until 0.55 / 0.45 / 0.30 ...

At some point I would like to buy however with the current long term price trend still watching and waiting for signs of a turnaround...

Reliance on housing and auto markets is a big negative going into a recession with the housing bubble bursting...

Focus on new industries will be the impetus for a turnaround at some point in the future...

A wonderful balance sheet will eventually make the price reversal sharp and long lasting...

The key question is: WHEN ???

IMO, we are not there yet...

Best of luck to all.

Tom

DIVERSIFICATION IS RULE #1 -- YOU ALONE ARE RESPONSIBLE FOR YOUR INVESTMENT DECISIONS -- ALWAYS CONDUCT YOUR OWN DUE DILIGENCE -- NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE -- HOPE IS NOT AN INVESTMENT STRATEGY -- PATIENCE !!!