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Re: fredugsi post# 606

Saturday, 04/21/2012 10:26:57 AM

Saturday, April 21, 2012 10:26:57 AM

Post# of 1747
Fred--I agree and share your optimism. Have a friend in the industry and he feels the retail application, if viable, could be huge, particularly with margin. Believe the mgmt team is finally gaining some traction, definition and momentum in the marketplace.

Mobile Pipe should begin contributing to top and bottom line growth as well. Not sure what the purchase terms were though, or how UGSI financed it.

FWIW (absolutely nothing!), I believe the days of being able to buy below .15/share are OVER. I also think .18-.20 will be the top of the trading range for a few months. Do easily expect to see the range expand to .22-.25 by the end of the year.

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