Hi Mr.OTC. I just happened to be cruising by tonight and saw your post. Yes, it's been well over a year since I did all this work on the EVK board. I once was excited about a few Chinese micro-caps.
I still think this company probably has potential, however a few things have changed my way of thinking about the markets and the economy since the summer of 2010.
I turned very bearish about a year ago. Many folks did not listen to me at the time. I was a little early... However it turns out I was basically right to be a bear. I won't get into all the reasons why I think it is a bad idea to buy ANY stocks right now.
Much of my reasoning has to do with a poor economic recovery and my fears of high inflation coming in a few years. IMO, the only thing that has been lifting the market for the last year or so is quantitative easing from the Fed. Or in other words, massive helicopter drops of currency!
This so called stimulus is not working like it has in the past. The Fed can't lower rates much more, all they can do is print more currency. The short term effect of all this 'money printing' is holding up stocks and giving us a very mild economic recovery. However, the long term effect of these monetary policies will most likely bring on massive inflation. It's like a missile heading our way.
So, anyways, EVK may be a good buy right now but I would not buy any paper assets in this environment. I personally am buying gold and silver for the coming inflation and I am hoping and praying that I am wrong.
Sorry I get a little long winded, I really love this stuff. What ever you decide to do, good luck to you my friend...
