Thursday, June 12, 2008 12:21:08 PM
More rookie PR efforts.
Is this supposed to substitue for the fact they have not released Q1 financials to substantiate the supposed $600K sales last quarter, and are at a minor league boat show this weekend?
This is how to make money on this stock. Short bursts based on rookie PR and then 100% or more retreats. Take your money and run, or wait (not too long IMO) for it to drop back to .0004/3/2/1.
I can predict the next release will be "people said they liked us so mcuch at boat shows, that we decided not to sell the company. Want to stay small and custom. A family business. Blah, blah, blah.......
Nobody is buying boat companies in this market. Boat companies are discontinuing entire lines. The Fountain/Baja aquisition will never come close to these guys because Fountains center console line is already very succesul and faster/less expensive than the 28/35's.
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