Friday, August 20, 2010 12:16:27 PM
Careful with the MOPN too. HAd cool product, but had to borrow money just to make presentation and get in line after the gulf disaster.
Boom orders are esentially all cancelled. Actually affecting companies with orders from BP also. I was told by fellow from EPA that 4 big boom companies are in (BK) trouble after BP ordered and then cancelled order at time of delivery.
If true for big boys - where does this put MOPN?
Maybe why they expand to SAmerica and add sales staff to get rid of stock.
They fit into the catagory of - want to be real company - but market condiditons may keep that from happening.
Sell at peaks and get to free shares as fast as you can.
My company in that catagory is GETG. Bio - motor oil - cleaning prodcuts in Home Depot - Ace. EPA approved surface cleaning agent for gulf - non-toxic dispersant next. But marketing efforts seem unfocused, - market condiditons work against them etc. headwinds for everyone - bigger for startups.
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