Defense Industries International (fka DFNS)

[StockDoubling]

I am waiting yet but will consider dumping it in the next 90 days or so depending on its movement.

I would sell it ALL today for .60 though If I could.

Bottomline is making money and I don't see them making a great deal of it this year and on 10x PE that is .30-.40.

I guess at this point I am hoping they come out with an announcement that says one of the following....

1. We are buying back stock.
2. We just got a HUGE order and it will all be for 2008.
3. We just bought a company and it will improve our earnings THIS YEAR!

If one of those things were announced and got the stock moving then I could see some light. I just don't see it right now.

I don't see it right now as being really that much undervalued or overvalued at this point so I am just holding out hope for the company to do something BIG so that I am not underwater.