I think you're right about the short term, but take a look at what's going on for the long-term:
1) cotton - biz is broken. we are back to where we were with Louis Dreyfus. Even Australia was a zero. Is that marked cotton just going to sit there?
2) Plastics/synthetics - no revenue, no new news. Maybe its broken too?
3) Fertilizer - MIA
4) Defense - MIA
5) PCR DNA - suddenly Doc Hayward's biggest focus. Someone on the call asked when this would be a million dollar biz....Doc Hayward basically said maybe tomorrow, maybe a long time away. I've invested in biotech stocks before....I don't want to wait 7 years for FDA trials to see the stock jump.
6) Pharma - ummm...no second colorcon milestone, no AGC, no idea when new revenue could happen
7) Cannabis - "wildcard"
8) Videojet - dead?
9) UL - maybe one day revenue?
10) Everledger - maybe one day revenue?
WIth all the PCR and biotech talk on the call, has Doc Hayward decided to turn the company into a biotech play? Is biotech our only shot at making money in the stock? Cause it doesn't look like anything else is going to move the stock up any time soon.
I'm at 385,000 shares.....what kind of company do I own stock in today?