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TWolf

01/22/10 11:23 AM

#238 RE: The Dean #237

There are a lot of complaints on how much money Xcel has on hand and how many employees. But that is information the company is volunteering because they are transparant on Pinksheets. Don't they deserve a little credit for that? They are selling a patented Technology. They don't need many employees. They have contracts to implement thier software into blackberries and Iphones. Maybe the stock dropped because this is a waiting game and daytraders want imediate profits? Just my thought.

Penny stocks are a gamble like vegas. How is this one any different. We are betting that these patents will be implemented, like betting black on the roullette table except hopefully with bigger profits.

I don't think that profits are going to happen overnight. I also think the CEO has a vested interest in selling his patents. They are worth more money than what he would make off the stock..

Anyone talk to the CEO? Anyone still vested in this company and just waiting for the stock to recover?