Cryoport,you're correct about that quote. I got long SMALL, for the wrong reason, but I thought the risk reward justified it. The price action of both CYRX and the broader markets, told me I was wrong, and I got out with a scratch. Like I also said, "While I love to play the contrarian, there's just too much going against CYRX for the time being, and a break down to 0.20 cents is quite feasible, considering the overall economy, markets, and the problems that Cryoport faces in the near and distant future."
I agree with you on holding physical gold.
It is my understanding that WiFi is in the process of completing a certified audit so that they can release fully audited financial statements and provide shareholders and prospective shareholders with a clear and accurate portrayal of the company's financial status.
I am not recommending that anyone purchase WFWL, nor am I hiding the fact that I have an extremely large long position in the stock.
As I have stated before, it is my opinion, WiFi offers investors a unique opportunity to invest in a company that has a product that is a true category killer, and is in a space that is virtually recession proof.
Key Investment Highlights
1) CEO and advisers' contacts and experience, Wifi's most important corporate asset
2) Homeland Security is a recession proof space, bullet proof to an economic downturn
3) Product and technology is category killer, i.e. like Google compared to existing search
engines
4) Market demand for product is government and "morally" mandated
5) Resource supplies are inexpensive and readily available keeping costs low and allowing
pricing power
Alpha based investment...
Homeland security, is not driven by normal economic drivers, and laws of supply and demand; rather, it's driven by "perceived threats", and "moral responsibility". So, regardless, which administration is in control in 2009, and regardless of how deep of a recession we are in, homeland security is one area that will not be compromised... the threat is still there, and no administration wants to wait, and be responsible for another catastrophic attack..
The money is there...
The total FY 2009 gross discretionary budget request for Homeland Security is 40.7 billion, an increase of 8% over FY 2008, and in keeping with their pursuit of previously established priorities and " as a part of its risk-based approach, the Department is expanding its programs to identify, track, and intercept nuclear and radiological components and systems at ports of entry and in transportation systems within U.S. borders.
AI
