Tuesday, January 24, 2012 7:42:00 PM
First, I find it interesting that on news the company has sold a job that grosses one year's worth of payroll it is worth 4x more than when the company had nothing. So assuming a 50% margin, half payroll covered = 4x more value.
Second, I sold most of my shares on the way down when it hit 70 cents. So I have a long time to go before it hits $14 a share, and I can claim to have lost money. I shorted it and saved my ass.
Third, When it hits $20 a share it will be worth it's IPO, a worthy achievement. I will issue a press release that day.
And last - this is sour grapes. I had been watching the buys and sells every time the stock took a large jump. It happened just before this announcement, and I was out of town for a training and didn't see it. - I could have made 4x my money.
But my bold prediction is that I believe we will be there again, right before the next ride up. Still a long way to $20, lots of money to be made.
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