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Gaintrader

08/24/16 11:55 PM

#71549 RE: chdobull #71531

chdobull, I don't disagree with most of your points here. Even though some are obvious facts if one simply has eyes that work, and some are your opinion as you have indicated. Nothing wrong with that. CAPC is currently at S&P multiples (@ yesterday's 0.48 PPS - P/E=21.77, P/sales=1.36, BV=10.83) but only because of the recent R/S. Without knowing anything about the average pre-split PPS you are currently into CAPC at, I can only venture to guess the current post-split PPS is not too impressively above 15 times that original cost basis (an over 100% gain is impressive enough for me, IMO). I have seen from their filings that CAPC's management appears to have some respectable integrity. On the other hand I haven't been following them long enough to say that I am able to fully trust them blindly with a majority vote, and that is for me alone.

There is a lot more not so wonderful info in that 14c filing than just the reverse split that I just don't like, and again that is for me alone. Stated plainly some of the potential implications changes made carry could easily wipeout PPS quickly because of a poor management decision (not what I expect to happen but management has certainly left some ugly doors open for themselves). I'm not certain some folks are even paying attention that closely to understand what I am referring to here.

I don't invest in or trade stocks to "help the company", I invest so that the company's stock "makes money for me". I am not currently feeling very compelled to buy in (yet), and I don't see current PPS as a truly compelling bargain either, one more time that is for me alone and I understand others may see CAPC in a totally different way, and I'm fine with that.

Best of luck to all CAPC holders, and my thanks go out to marcelh for the tip that made me look.