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Re: copper7 post# 196319

Tuesday, 10/05/2010 11:06:15 AM

Tuesday, October 05, 2010 11:06:15 AM

Post# of 375420
Perhaps I am looking at this wrong but the price has nothing to do with how I look at it. A year or so ago I had a stake in Genworth. It was well into double digits. When the financial industry took a hit Genworth dropped and dropped and dropped. I knew that they had a strong foundation so I just watched. At $.80 I bought a bunch more and in a fairly short time I sold it around $12.

Now, most certainly Quasar is no Genworth. Not even close. I guess I learned patience in my many years of business. Right now I am working on an import deal that we started in May 2008. It is still being worked through and finally looks as if it may bear fruit.

The answer to your question is that I am in it to stay. My wife and I have a nice position @ $.14 so we are concerned. But what is the point of stressing and what is the point of selling? My best guess is that we should have a pretty good feel for the outcome by the end of the year. All along I have hoped to see the company with small and steady growth. I have never thought of this as a $1 stock. If we get good news and go to $.05-.10 I would would be most pleased.