So this week, especially today with our new low, is where manipulators push the PPS downward at will in preparation for the rise to the next flip point. And some will say as the contrived movement upward begins "the bottom is in", "fibonacci says this or that", "here we finally go folks!", and the current cycle of boring up and down goes on, and will continue until Martie has something to say or show that he's really got the better mousetrap in the ewaste space. If you've got guts and dry powder I guess you keep loading.
I like Phred's analysis of how the ewaste space is maturing, moving thru versions, firms consolidate, learn, reconfigure. Problem is calling a winner at this point is like predicting the super bowl winner at half time. A lot of minutes left on the time clock. So we wait some more and hope our MN coach unveils a new playbook ingeniously devised during halftime, or a quarterback throws a hail mary?
Frankly, even though I still believe in EWSI, I see Q2 being a disappointment. Don't know where strong revenues will come from. Yes, maybe some China 2013 bucks but the Chinese partners have been terminated till they get their ducks in a row so no Q1 or Q2 contributions there. Organic U.S. growth will be slow as it takes time for plants to come on line and contribute dollars. Maybe an international plant or two more added to the mix in 2014, but we won't own them out right anyway and only see some % of their revenue. So nothing terrific there either. That leaves nice announcements of deals and the infrastructure coming together for the rest of this year, with revenue and profits still only projected for the future. And with a few false starts and empty promises from the last 6 months I can't see big investors jumping in till there's proof in the pudding. Bottom line? It seems 2015 will be what we thought 2014 will be. Up listing is way too far off, maybe 2016 if all goes well. And the spectre of a reverse split eventually is looming in my mind more and more. Which I for one do not relish. $1 per share at my current holding means a life changer and what I've always hoped for. 20 cents per share times one fifth of what I've got now means squadooch even when it hits that $1.00.
Trying to be realistic not a downer.
I like Phred's analysis of how the ewaste space is maturing, moving thru versions, firms consolidate, learn, reconfigure. Problem is calling a winner at this point is like predicting the super bowl winner at half time. A lot of minutes left on the time clock. So we wait some more and hope our MN coach unveils a new playbook ingeniously devised during halftime, or a quarterback throws a hail mary?
Frankly, even though I still believe in EWSI, I see Q2 being a disappointment. Don't know where strong revenues will come from. Yes, maybe some China 2013 bucks but the Chinese partners have been terminated till they get their ducks in a row so no Q1 or Q2 contributions there. Organic U.S. growth will be slow as it takes time for plants to come on line and contribute dollars. Maybe an international plant or two more added to the mix in 2014, but we won't own them out right anyway and only see some % of their revenue. So nothing terrific there either. That leaves nice announcements of deals and the infrastructure coming together for the rest of this year, with revenue and profits still only projected for the future. And with a few false starts and empty promises from the last 6 months I can't see big investors jumping in till there's proof in the pudding. Bottom line? It seems 2015 will be what we thought 2014 will be. Up listing is way too far off, maybe 2016 if all goes well. And the spectre of a reverse split eventually is looming in my mind more and more. Which I for one do not relish. $1 per share at my current holding means a life changer and what I've always hoped for. 20 cents per share times one fifth of what I've got now means squadooch even when it hits that $1.00.
Trying to be realistic not a downer.
