Amb,
"They have been real for 6 quarters. The stock has been undervalued for 6 quarters. Donovan hasn't closed on anything yet. Nothing has changed, except we have a new CEO who is in the process of proving himself. But anyone is better than Cole. They could have replaced him with a hot-dog vender and the stock would have hit $1.00. So they replace him with a smoothie king and it hits $1.13. I'll take it! That's why I've been pounding the table for Cole's replacement all this time. Get him off the conference calls it might go up another .30."
Met Cole at the annual meeting last year. He looks like he sounds like on the calls. Myself, I could care less about his barely intelligable drawl and it didnt play any kind of role in my decision to invest in the company. The results under his leadership spoke for themselves. He was never meant to run the company long-term anyways, and all appearances are that he wants to be a behind-the-scenes actor as badly as you want him to be one. That said, the message and image of the company are improving with the new CEO. Let's just hope he doesnt start making those famous OTC stock promises that are so common and devoid of basis in reality.
"Until they are closed, it's all hype. I've been around penny stocks long enough to know the deal-io."
Totally agreed. To be honest, based on the tone of Donovan's voice and the words he chose on the CC when questioned about the 2 'deals,' I'd say there is a much greater chance they turn out to be insignificant than not. It's not those deals in and of themselves that I find appealing, it's their cumulative impact when considered in unison with all these other positive factors...just fuel to the fire.
"We could benefit from a lenghty consolidation. In my experience, the steeper the rise the weaker the hands."
Especially the case with OTC companies regarding the steep rises. Just a less efficient marketplace. I got no problem waiting around for some consolidation; been scaling in for almost 2 years now so I think I can wait a couple months more...but I just don't see myself having to wait much longer; the stock looks set to move one way or the other soon.
-Bino
AI
