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Lone Wolf

07/30/11 5:00 PM

#114 RE: bladelawless #113

Looks like 15-16 is where some financing may be occurring. Consistently, that's where I'm seeing 100K lots sitting on the bid. and there's always a fill. Also noted is that any selling in that size is not whacking away at lower asks.

So, with that in mind, that spread just might offer an opportunity...bid @ .11 might shake free some retail cheapies that will fall in small enough lots for a little guy like me to get a good fill.

I mentioned previously that my starter is at .16 where I see most trading activity outside of news-related trading. I'll be happy to start accumulating at lower levels while we wait for that $700K of funding for the next 25 machines to be completed if my interpretation of the recent trading activity is correct.
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HavnPhun

07/31/11 11:28 AM

#122 RE: bladelawless #113

I agree with your thoughts. I believe this has tremendous potential! At the current price the risk/reward is quite low imo.

I also believe pps could drop a bit lower, but I'm hedging that possibility against the PROBABILITY that it will go much higher once production of boxes begins on a larger scale.

I can count how many times I waited to return a red box movie because someone was perusing for long time- HUGE, HUGE design flaw by red box- one which I'm very surprised they did not correct (most likely did not wish to spend $$$ to retro-fit with another slot).

I am confident their reticence and complacency to retro-fit and produce new with two slots will continue to cost them significant market share; expecially when consumers have an alternate choice such as SPOT Rentals! Just like Kmart was obdurate to pay attention to what Wal-mart was doing 20 years ago- Kmarts are now ghost towns.


gfty