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oilin07

03/22/12 4:53 PM

#15532 RE: nsomniyak #15530

It means one of two things imo:

1. The contract fell through.

2. The contract is worth peanuts.

If it didnt fall through and it was worth big bucks the stock wouldnt be trading at these levels.
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trustyrusty4

03/22/12 4:59 PM

#15534 RE: nsomniyak #15530

My thoughts exactly, just because doing business takes longer than one cup of coffee and a sit down, doesn't mean this thing fell through. Geez seriously Olin? Did the deal not happen by 8 am this morning? Every good deal that actually has substance takes time. Does anyone realize the time it takes to have lawyers correctly word press releases and make sure everything is correct and then send it in? I personally can't believe we didn't receive news by the time I finished this post, man it has been a long 5 minutes lol. But seriously, it may take a Q report or two before the product gets going.

This is a cyclical stock and the auto industry is just beginning to recover. There is a clear demand for their product and in even two years from now, we will be much better off. If a couple red days in a row and a 3 week span of no news is killing you, then Mcdonalds is calling your name. Buy into it and you can hear news everyday about some new restaurant being built, updated menu, etc. Patience people. Best of luck!