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Thursday, 09/26/2013 12:05:56 PM

Thursday, September 26, 2013 12:05:56 PM

Post# of 18904
Anybody else worried about the share price? I know from the long side of things, everything is inevitable/imminent/relaxed/confident, but does it concern any of you that the market clearly isn't responding to the set of news that seems so positive? The stock is now back to 18 bid - it traded higher than that before any of the news. What are the options?

1. We are being fed a bill of goods (seems unlikely given the new members of the board)
2. The stock price is being manipulated by shorts (seems unlikely...this doesn't seem like the ideal stock to short naked)
3. The Iceman bought and sold a bunch of shares (possible, but should really impact where it is trading other than in the most short term of time periods)
4. The market needs to catch up to the news. If its number 4, then (a) it is unusual for the market to be so far behind (see e.g., the constant run up to news in this stock) and (b) why isn't the company doing anything about the share price? Shouldn't someone be making introductions to investors/doing roads shows/etc? I know they view their jobs as growing the company, but share price is important - not just because it is the way shareholders make money, but also because it is a useful tool to capitalize the company and future ventures. A stock price of 19c means greater dilution on a going forward basis when they need raise money/compensate directors and officers.

I know what I'm going to hear is that its inevitable/everyone is confident, but is there anyone else out there who isn't content to see the stock stay in the high teens until we actually see earnings (which I think even the optimists admit will take some time).

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