Andy, it's easy to put a negative spin on the company, look at the SP. It was trading at these levels four years ago. They haven't had a sales PR in going on a month. They are heading to another losing Q. Did it ever occur to you that the company is more attractive to potential buyers as one that actually makes money?. While we wait for the golden goose,they amass more debt and dilution. It limits the valuation on possible acquisition. It's called a distress sale, and puts them in a position of weakness as opposed to a vibrant company that turns a profit. They will get some work from TSA,but you won't see the results reflected in earnings till 2015. IMO that's the big memo many on here don't get. If they could get the company turned around PRIOR to the big weenie deal there would be new money in here. Investors buy companies on fundamentals, usually strong one's that don't present the level of risk we gamblers tolerate here. I bought this because my hope was they could become profitable with their best of breed tech. I didn't buy it to sell the pop on a big gubmint contract announcement.
Blind faith worked for me for years, we all have our tolerance limits. They sold us a bill of goods, I bit, still waiting. They've had my money for quite some time, I have every right to question them at this point as they haven't performed to the level of expectation THEY alluded to. It's still a story stock, four years later. Remember how excited we were on the countdown to Cargo? Hope it ain't deja vu all over again with Checkpoint. They can't afford any more delays. TSA aside, where are the global sales for the new standard in Trace detection?
