It's been traded for the last two years as a stock company that I know of, and been as high as a whopping two cents per share for one day only, with great news on that day, with much less stock out there than now.
The more stock out there, more and more, as the company sells more for operations, the more it has to struggle to stay up to where it was the month before, so even good pops on great news, are smaller and smaller.
I have forum friends who own this stock, and I want them to do good, but the long range plan is the CEO's long range plan, and it will take more and more money to do that.
This is NOT a long range hold for any investor that it will have a huge trading price, not so long as more money is needed by the sale of shares all the time.
Tractors, while a nice thing to sell, are not a product that dreams are made of. It's not a precious metal, or an oil well, or even a medical breakthrough, and not even a disposable that people have to keep buying as they use it up.
With dealerships, that takes years to develop, and in that time it could take to create, so many more shares of stock will have to be sold to do that, then who knows how much lower the pps will be ? A couple of bad years and good bye to his dealership dreams.
If the big manufacturers of tractors in this country wanted to undercut him, to remove his business, that could also happen. John Deere who does over $20 BILLION per year isn't afraid of a tiny tractor importer who totally doesn't do enough business to add up to their coffee money.
I've been down this road before, as his dream is for himself, not for you.
Buy it, but play it as a short term buy, get in, and take profits when you can.
