Re: Committed Orders? - Kent
in response to
by
posted on
Apr 18, 2007 10:30AM
Hi Kent,
I tried to soft-peddle my concerns a little bit. I don't want to necessarily be a party-pooper.
I only presented my comments because I believe they are factual. Others may not care to think of those facts as objective; but, I believe they are.
I really have been watching to see if things will be different this time.
The first test to me will be where the share price sits in the few weeks, or maybe a month. In the past there has always been a spike in price preceding positive news. The price only holds for a short period of time, and then it begins a steady retracing to its previous level, or maybe lower. If the share price holds, or continues to climb, I will have a much different opinion than if it falls. If it falls, it is saying to me that the insiders sold on the news they knew was coming, or sold on the day of the news... into the demand created by the news. Then the new investors, or optimistic longs are left with the declining shares. Only time will tell on that point.
The real test to me will be the documented revenue (and production levels) that will reported in the quarterly and year-end documents. Those will ultimately document the success of the company.
Jeff