Of course, there IS a reason it ain't over until...
I don't know what your situation is, or reason for being here or anything, either. You mentioned something about over $3 ? If you're still holding from way back then, I wouldn't blame you for being unhappy with seeing it here...
I didn't even start looking at it until it was bumping $0.04... and I don't see that since I started watching it that they've had anything but positive results coming out of their relationship with Staples and Fujitsu. Maybe just me, but I do care more about what they are actually delivering as a result in the business than I do about what they are delivering right now in stock performance tied to PR that isn't being generated, etc.
It seems pretty likely that patience here will result, eventually, in some larger to system wide sales to Staples... and I'll guess that when that happens they won't be trading at a penny. Probably won't be limited to sales just in Canada, either. I don't feel particularly inclined to throw rocks at them for succeeding in every aspect of the business other than closing the deal, when closing that deal is far more a function of Staples choices and timelines and decision making process than ABSY's...
There aren't that many shares out. I'll continue to buy shares here now and again. Don't really care if it drifts lower in this price range... which I don't think has anything to do with anything other than drift in a pretty quiet corner of the market.
Show me the business isn't working, or the products aren't ones the customer cares about... and I'll quit caring, too, without worrying too much about writing it off. Otherwise, the effort I see to walk share prices down appears only a bit too purposeful to me... and the current trend is one in acquisition, not distribution... so, do with that what you will ????
