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Re: energy_wave post# 216

Tuesday, 08/18/2009 11:53:25 PM

Tuesday, August 18, 2009 11:53:25 PM

Post# of 9928
I'm not saying that the stock won't ever go up, it just won't go up based on fundementals. As they say every dog has its day. However, based on the current spread you are going to need this stock to double in price for you to get out even. Since its hit .15 all its done is crater. Even with the advancing cost of gasoline again, this company does nothing. Its been months since its announced a customer for its products. What about the employment agency? No big wins at all. Its a recession and the CEO buys an employment agency for lower skilled workers. Companies use temp agency when they can't find good people to fill spots. Now there are plenty of people, over qualified people to fill these spots. His argument was that he could cross sell his automotive products to the same customers using the employees. That is so far fetched I wouldn't believe it if I hadn't read it. I would buy this stock if they got new management, but not before. I'll hold the piddly stuff I have left in hopes that someone decides to pull the plug and get somebody who know what's what.