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Re: fsmith1952 post# 4769

Saturday, 03/07/2009 6:36:53 PM

Saturday, March 07, 2009 6:36:53 PM

Post# of 8728
The company obviously has a game plan and their following it. It may not be in accordance with your way of thinking, however time will determine how effective it is. So in the meantime we wait, since there is nothing else as investors we can do anyway, and hope for the best. So far my DD has convinced me that the company is on the right course. The company did hit a 52 week high back in October timeframe when all the other markets were tanking. I feel we could be headed that way again. However as I've already said, the market wants to see a source of financing that shows not only Magnum's continuing ability to make buffings, but allows them to expand into more profitable arenas such as making recycled rubber compounds for existing rubber components. I'm confident that's going to happen and I'm willing to wait it out until it does.

Makamai

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