Translation please, General. The Captain Pleads Ignorance.
Old Guy, what do you mean? Are you referring to the age difference of a Lt. and a Gen. OR are you speaking to wisdom that comes with rank? Something else?
Is optimism "allowed" when you're young or less wise or when?
Just really curious. You're post was intriguing.
I assume you flipped out your shares up in the 26-28 range (I can't remember what you said you did, but i think you did say you sold some or all0 -- congrats on the "trade". I still think it's a steal at these levels, but you can't argue with selling at 27 and buying back at 23 -- 15% return in 5 weeks -- you just risked being on the sidelines the day it popped to $1.25 / share, right?
Or, do you not see that as a risk you take when you trade in / out while waiting for clear direction?
Again, just curious, and would like to hear from others.
I am 100% sure this deal will close -- maybe this month -- and 80% sure we'll be north of $1.75 by August (the other 20% of me has a conservative target of $1.50 / share).
Frankly, regarding the "2 weeks" -- who gives a rip at this point? They are moving out together, making sales, acting as one, bringing the company together. When the deal is done, the financials will be an afterthought (or a distant memory).
I'm spending my time thinking about Phase II -- the move to NASD, major institutional ownership, extensive research coverage and $3 - $5 / share (2012).
Of course, there's 2013 and the buy-out at $12 / share. (ONLY if we want it. By then we may be such a powerhouse that we hold out for $26 / share! Look at NTAP -- I think IceWEB / Promark will be more valuable to a company than NTAP (recently listed as a buy-out target in the $40s) in the near future.)
There's my 1-2-3 for IceWEB (or 2011, 2012, 2013)