Clearfield Inc. (CLFD)

[10 bagger]

CLFD..

I'm still confused there because of the constant bids by the MOMO's and hold only a tracer position.. FTER should be ok around $0.065.. The group on the board can't read a balance sheet and the guy Lars.. sold all his and posted he had used the funds to buy Washington Mutual.. I spoke to the pres of FTER and he is a wall strrt guy.. Busted out of bear Stearns which doesn't make him a bad person.. I'm sure he lost a lot.. FTER is his chance to come back and I wish him luck.. The company owes him $200,000 and I think he would convert to stock he he felt it was the right time.. He say's he will not dilute but I've always had tennants that said the check was in the mail.. If he converted he's all in like a poker game and at that time when the filling comes I'm a buyer.. Untill then i won't buy above $0.0628 and then only foe a max of 80,000 shares.. I.m 11% in cash at present.. I think this market has at least another 10% unless we see volume on the downside.. hank