Anyone else heard about cc?
By: johnhcfl4144
12 Feb 2008, 06:18 PM EST
Msg. 12706 of 12708
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pushing 7% of shares
Mr. Daly has continued to add to his position. The shares are now forming a long, stable base as the shares get consolidated in fewer hands. Judging by the postings, some people who had significant holdings have moved out of this stock because their posts no longer appear. So we have had a turnover in the shareholders that has resulted in those shares moving to fewer, and in Daly's case especially, much stronger hands. I have added to my position..adding about 30%..on buying opportunities as they have arisen, during the past year. Think also of the purchases of shares by the directors in the open market (with the exception of Jim Little who has never purchased a single share in the open market, despite being on the Board since 1996 and having collected well over $100,000 from the company in stipends) and the management team, and other long-term posters on this board, consolidated holdings have intensified. These are extraordinary events.
If you have read my earlier postings, I think a good quarter, and a good sales backlog for the current quarter that the conference call is being held in, will accelerate the accumulation phase of the stock cycle. It is my understanding that the company will try to announce around March 11th, with a conference call on the 12th. If we have a decent q4, and a nice backlog in q1, there is a very good chance of this process occuring.
Think about this..from accumulation to markup phase..there are no shares for an operator to accumulate without pushing the shares.. this stock is now in pretty firm hands...at the conference call, Mike will now have been on board for 4.5 months or so...and given his past track record...my expectations is that he will have an executable plan of action..a solid q2, which we will have a feel for in the q1 conference call in early May...and I think we can get the share price to a level which will lead to a higher market listing..
Then, better liquidity in the stock, a developing company in a once-hot, now dead area called nanotechnology, will see that space come back into favor and lead to major advances in 2009..
So if the company executes, and Lord knows that they never have, the future for the share price is very bright
Send stock manipulators to: enforcement@sec.gov-and to jail.
