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Re: hweb2 post# 8403

Monday, 04/04/2005 9:03:13 PM

Monday, April 04, 2005 9:03:13 PM

Post# of 173787
Hweb Shmolton should know more about DHB situation
People in DHB board were criticizing the CEO...

I wonder if the insider selling has anything to do with the drop... insiders were selling at $19-$22 though.. and not at the current price...

Backlog seems very strong... and 2005 result should be very strong.. not sure what's in store for 2006...

If I remember correctly the CEO said he wanted to build a $1B company.. but why before it hits $1B , he has liquidate a lot of his holding.. (I belive he probably sell almost 50% of his holding, at the peak, which is a nice call IMO. nice for him of course)

I like their product and I think it will be in good demand...
I learned from Shmolton that their kevlar vest needs to be replaced every so often (4-6 months?) to maintain it's effectiveness and structural integrity (basically to make sure it's still working/bullet proof). If this is true then DHB could have a recurring revenue stream from the DOD. the Point Blank Kevlar has saved so many lives...

I wonder if I should buy more (average down) on this one... Technicals seems so weak (though I'm not technical investor) but my technicals friends got so turned off with this stock (when I recommended to them)

I'm still puzzled why the CEO sell so much if he really thinks the company can be $1B company

Stan
PS: the 15% short interest doesn't help either. Institution keep buying and they are about 30% ownership

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