InvestorsHub Logo
icon url

ashy2classy

11/11/10 4:32 PM

#58284 RE: Koufax #58283

5. Needs more of a market (as far as trading is concerned). Limited MMs hinders daily trading activity, IMO.

From OTCMarkets.com...



I own a few shares as well, FWIW.
icon url

Traderfan

11/11/10 5:03 PM

#58288 RE: Koufax #58283

YHGG, thanks Koufax for your contribution. Let me give you my opinion to each of these issues.

1. I agree here and get your point. Certainly a risk going forward but in the short term not that much of an issue IMO.

2. Independent? You imply that they might cook the books for YHGG? Well we know that this is a huge company and they have world class customers so I believe the numbers are for real.

3. Well the profits they achieve right now are more than plenty for a stock trading at 3 bucks per share. It seems their cost control initiatives are working now.

4. Well that is actually the best thing of all. We all know they did everything lately to uplist and they are on track to shortly be listed on a national exchange. The good thing is that many can't buy on the pink sheets and that's why we even got the chance to buy this company below 2 bucks per share.

All IMO.