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Toxic Avenger

08/04/09 9:11 AM

#36775 RE: sneaky_peaky #36773

That is great and I hope they're correct but it doesn't change my opinion that between now and DA's profitability/positive cash flow there will be opportunities to buy at or below the current price.
I'll certainly grant that if the company goes from losses one quarter to millions in profit the next, the price would spike. Several suppliers could also say "we're suing for unpaid bills" and that could ultimately force a bankruptcy or liquidation (and yes, that would take some time, no doubt). I don't see either as likely however which leads me to my "wait and see what happens" POV.
I still believe that if DA is ultimately successful, almost everyone who is reading this board today will make a lot of money, whether they bought a year ago or a year from now (though I'm not as confident about those who bought during the 2007 price spike).
I do hope that those who believe as you do that the price will spike imminently are taking advantage of the seller or sellers willing to part with shares at this range. And certainly for those that do so believe, selling at this price would be very foolish.
However, not being convinced that such success is a foregone conclusion does not mean I don't wish the company great success. That is the only way in which I will ultimately profit financially.