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Re: Mr. Bill post# 80

Tuesday, 03/25/2008 10:37:48 AM

Tuesday, March 25, 2008 10:37:48 AM

Post# of 2594
Yup absolutely, but sometimes with a stock with as low a float as this, in a situation like this, the chart can go way above logical value during this process. If that were to happen, say day traders and momentum traders arrive, I'd like to sell with as many shares as possible at the absolute peak, who wouldn't. lol

If not and I have to wait it out, then I absolutely agree with your opinion on the quality of the merger long term. The current owners of JPCI aren't fools I imagine, they aren't going to merge with a business for basically free, and completely turn over the shell that they have a personal interest in unless they thought Componus was something good. I only wish I knew the current sales revenue vs. their projections. The last solid number of 30 million or so two years ago is a huge difference from the 66 million forecast for 2008, and 165 million for 2009. If they are closer to the 2008 and 2009 numbers then 2006, this could potentially go further in price much sooner in this merger process in my opinion. I know two years ago they were only talking about building the Detroit International Auto Salon on their Asia Forging site, and look at it now, so a lot can change in two years.
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