posted
This one is going to bounce big before long. I'm drooling, foaming at the mouth, boils, scratch fever, red-eye, and shaky. It's approaching multi-year lows/support. Fundementals are strong for an OB. The reason it's been tanking is probably because they're selling to pay for loans of upcoming aquisition. Total O/S = ~220 MIL. Total Float = ~42 MIL. Any thoughts?...
[ January 07, 2007, 11:23: Message edited by: Bob Frey ]
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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posted
I bought some on Friday- kept slipping on me though- averaged in at a little below .70.
Charts seem to indicate it'll turn around soon, but in addition to their recent acquisitions, they have a rather large debt. Check out the recent 8-K's and the article below.
posted
Yeah, somebody just sent me that article. Very interesting to say the least. I'm still on the sidelines waiting for a pull out and confirmation. Some PR on the plus side would help this out a lot. Until then I've got it my radar screen.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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