(Total Views: 267)
Posted On: 01/11/2018 10:32:23 PM
Post# of 1514
Nothing is ever guaranteed to turn a profit.
What accounts for the lack of buying interest- The problem is a large amount of shares which will be flooding the market for a while now which will depress the prices. There is simply no rush at this time to jump in. Now if the company can show a profit after expenses (which has eluded us up to now), that would open some eyes. Hopefully between the sale of the machine tool division and the upcoming first quarter results (10M according to some), we can start to move into pennyland.
What accounts for the lack of buying interest- The problem is a large amount of shares which will be flooding the market for a while now which will depress the prices. There is simply no rush at this time to jump in. Now if the company can show a profit after expenses (which has eluded us up to now), that would open some eyes. Hopefully between the sale of the machine tool division and the upcoming first quarter results (10M according to some), we can start to move into pennyland.
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