All American Pet Company Inc (AAPT)

[moneycents]

Patience is a virtue they say. I know some people have been waiting a long time for AAPT to deliver products. With recent news releases and some contacts with management, it appears progress is being made. I, for one, am willing to sit tight and see what happens over the next several months. Let's see if the Central Pet Distribtuors, Food Lion, TJMax, Giant Eagle, Walmart, Pet Stores, etc. start to carry the products. Even if they get the products on the shelves in December, give it a few more months to actually give the stock a boost. Many people jettisoned too soon with companies that delivered after they lost patience and got out too soon. How many stories have we heard about Microsoft and Apple struggling and people got frustrated and got out only to regret it later. AAPT is certainly NOT either of these companies but just when things are starting to look promising with contracts with distributors, is not the time to leave. Historically, Microsoft had their IPO in 1986 and opened at $21 and went to $27 the first day. It had ups and downs and I'm sure many people left when they made a few bucks. With stock splits, One share of MSFT purchased for $21 in 1986 would be worth $8000. Likewise, AAPL had its IPO in 1980 and went for $22. Today, counting stock splits, one share would be worth over $4000. Keep in mind Apple had their ups and downs too, with Steve Jobs even getting fired along the way. Just trying to say, don't expect too much too soon and stay for the long term.