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GorillaGorilla

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GorillaGorilla

Re: kuwlness post# 89

Sunday, 05/09/2010 12:40:03 PM

Sunday, May 09, 2010 12:40:03 PM

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Yup, It was a bad investment idea. The dependence on one client requires a significant discount to earnings. Obviously, if it gets a second client, possible in July time frame, that might be a different matter, however, without that it's less investment and more of a gamble.

The company ended up being shorted and the rumour being that they weren't going to get a second order - dunno unless you have industry contacts your in the dark.

rich
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