Re: Price move
in response to
by
posted on
Sep 07, 2010 09:57PM
Creator of award winning eers custom-fitted earphones
Alright, so Sculpin and I were discussing some good investment potentials and he pointed me out to this company. I bought 100k shares this morning for a start at 7 cents a share.
As a fresh new shareholder, i'd like to offer my perspective on this company after doing all my due dilligence.
From what I see, this company is a turnaround that has some good potential to reward its shareholders. It looks to me as though they are increasing their profits every quarter and decreasing their debt load. The percentages are rather impressive, and I think that going foward this company will continue to show us increasing profits and sales. Although i am not a big fan of their debt load, which is somewhat high, I believe that they are working towards reducing it at a pace that works for me.
As far as the story goes, I like the new products coming on the market soon, and I have a unique perspective in understanding this stock because I know all too well the damages that one can get to their ears in the construction and mining industries. Every year worker are tested for this and a large percentage experience hearing lost. Of course their products have other great benefits, which I can say will give them a leading edge because there just isnt any great product out there like this one.
I think that this stock will do well because management likes to keep the shareholders informed with constant news releases, which actually one of my criterias for investing. Communication is huge and definetly helps the share price and gets our name out there. Also the various articles and newspaper columns are exellent as well.
if they continues with the current model, I am sure that we will all turn a profit from this company. I also plan to accumulate. more shares in the future
thanks, and I welcome your comments