while there's no way to logically argue that the last month or two hasn't been very disappointing for GFCI - i still have hope, and am still holding my meager holdings in it. and i'll continue to hold, call me a stubborn SOB. too much potential for me to want to ditch it all at these low levels. but i admit - am not willing to buy more at this point; i'd want to see actual news and positive moves.
no doubt, the latest stretch with no news has not been pretty for grifco. GFCI deserves to have been slapped down, frankly. nobody knows what's going on with them, and really dial doesn't seem to care at all about keeping shareholders informed.
i'm actually a relativety patient investor. i bought a lot of PDGE in the 1.30's, watched it dip to .90 but held, then it finally went up. same with ETLT - bought in the .30's, watched it tank all the way to .14 but held and then watched it go to .50, watched ALMI tank 30% a year ago after i bought, and many others. i didn't get that frustrated with PDGE and ETLT and many other similar stocks, but - i admit that GFCI is trying my patience a bit. would sure be nice to see dial throw us a bone, and soon.
as for the whole "absconding and turning tail" thing, really i dunno about that, that is a pretty dark view, and i am not sure what evidence there is to support that.
hard to say where trading will go from here, obviously it all depends on how much longer this big silent period lasts. if it lasts 2-3 more weeks, i imagine we'll be in the low-mid .20's. if there is a substantive PR with news about JM, financials, *anything* positive: could easily swing up quickly, and sharply. guess we'll see.
as for pinkies, i rarely own them, but made an exception for GFCI. thing that bugs me the most about pinks is of course - no way to know the share count. for some reason, not knowing the share count bugs me more than not having an exact number on revs and profits.
