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Re: sons4 post# 38

Friday, 09/06/2013 3:26:06 PM

Friday, September 06, 2013 3:26:06 PM

Post# of 48153
baboo does have a point though. My only reply would be that I am comfortable as I have visited the company and talked to some of their managers, and this run-up was expected due to shareholders of the shell finishing up selling their positions, and it also started running up before this page ever existed on iHub. So there is no logic to the existence of this iHub page influencing the price - none.

That being said, valuations are emotional as well as logical. Logically there is currently nothing revenue wise to support this valuation. Emotionally, the market is saying something else. For example, now that the CEO of Overland is Chairman, maybe he has told his friends about it, who tell their friends, etc etc. Now that everyone knows the potential of the product, and more eyes are focused on it, it may actually occur to some that in the longer term, this is actually way UNDERvalued, and are willing to pay more. Who knows. The market in high tech stocks seems to always price for potential, not for current results.

I originally thought the biggest risk with this one is that it gets taken out before it really pays off. However, in talking to insiders, the magic number for a takeout is much larger than most would imagine. To me that indicates that the company knows they have something that will potentially change the way we all use devices and software.

I am in for the long haul and have been for a few months now.

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