Just one last little tidbit from me and I'm done. It is becoming apparent that the company is making forward progress. In the past they may have been making progress but they did not communicate that very effectively. Those of you in San Diego at the very first "road show" type shareholder presentation may remember that I suggested to John that they utilize the website to keep us updated on the progress of the tech. Mr. Howell immediately shot that idea down stating that they must operate under a veil of secrecy. That was a total insult to my (our) intelligence. I am part owner of this company and have a right to know what is going on. With Cooper's new policy which allows for NV to communicate with us, I believe we as shareholders will be better able to deal with any delays that may come up. In the last President's letter Cooper stated that they would not be able to put as much money into the tech as they would like which would slow the development a little. I can deal with that. What I cannot and WILL NOT put up with any longer is the smoke and mirrors. That era I believe has come to an end. As for me personally, tonight is the first time in several months that I have felt some of the excitement that I felt originally for this company. I have always maintained my confidence in the long term prospects but tonight I actually see the light at the end of the tunnel. We are still a good bit off from revenues but at least it is looking like we may have something to sink our teeth into at last! Optimism is the order of the day for me and barring any cheeseball type communication strategy from the company I suspect that my optimism will remain indefinitely! I have made some posts regarding trading etc. in the past and that was due to the fact that I believed that to be the smartest strategy for this stock at that time.
HOWEVER...at this time (if anyone cares) I would like to officially change my outlook and recommend that we accumulate. I do not expect that my recommendation will have any effect on the shareprice as my negative outlook in the past has not, in my opinion, affected the price. I will say though that I plan to accumulate a substantial position while we are sub dollar. There may still be 10 to 30% downside from here but I think that will be a mere bump in the road when we look back. Timing a trade is one thing. You simply have to time the bottom PERFECTLY. Accumulation of stock for a long term investment doesn't need to be perfect and I believe we are close enough to a bottom to do just that.
Thank you guys for allowing me to make this long winded post. I appreciate you all putting up with my griping when that was necessary. Now let's sit back and watch this thing unfold. Best, Elder.
