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E-Waste Systems, Inc. EWSI
Posted On: 02/24/2014 5:59:48 PM
Post# of 3844
Posted By: BoBo
That article on Greenbiz.com is interesting but gives me some concern. Seems our competitive advantage is pretty skimpy at this point. I guess I need to watch the overall ewaste industry more closely. I had no idea of the number of relationships out there and amount of money being thrown around to grow them is larger than I thought ($305 million?). EWSI is a super tiny upstart (pimple on the ass of progress) in a fast-growing industry with some very large players and buy outs already well under way. EWSI needs that second, eStewards certification fast and be able to ink some big relationships pretty quickly before any ewaste investors even give it a cursory look. Case in point, we weren't one of the 9 mentioned. Problem is EWSI has no clout or leverage or size for anyone to be interested in them. Between this revelation and the stocks trading lately I'm finally re-evaluating my position for the first time in months. Long suddenly looks real long and real risky. Sorry, but how could you read that article, see EWSI trading over the last few months and think anything different.













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