Murphy is right about this stock but the price of puts are so high so as to make the risk too much to make the play. I have many more alternatives that are economically more sensible than this one so I am going elsewhere. Nevertheless, I don't think Amazon will ever get over the hump. It can't turn a profit and it cannot emerge victorious over mounting competition going forward. It has a salvage value and that is it under any and every scenario.
Read this BIG hint that great news is coming money (amidst a 7 mil. stock repurchase program)...float is now attractively small!! At .15 per share, (up over 100% Friday) this one is a steal and will hit over $1.50 by the end of next week...jump in now for your first 10-bagger!!!
Loch Harris Inc. Retains Investor Relations Firm The Investor Communications Group, Inc.
AUSTIN, Texas, April 16 /PRNewswire/ -- Loch Harris, Inc. (OTC Bulletin Board: LOCH - news), Austin-based technology incubator, has retained The Investor Communications Group, Inc. (``ICG''), an Atlanta-based financial public relations firm, to provide a variety of corporate and investor related services, including media and public relations.
``This past year has been the most exciting period of growth in the history of the company,'' said Mathew Harris, executive VP/operations and acquisitions, ``and that growth demands that we work with leaders in the investor relations industry.''
``Loch Harris is a very exciting company to represent,'' said Tony R. Golden, CEO of ICG. ``We are convinced that the company is poised for growth as it implements its business plan and brings its leading-edge technology to market.''
``We have been concentrating on technology acquisitions, and after several years in research and development, I am excited to be able to announce the results of our first operational year,'' said Mark Baker, Loch Harris CFO. The company will release its year-end results Monday, April 20.
Loch Harris manages a diverse network of technology subsidiaries, including Chemical Detection Technology, Inc., with unique landmine and alcohol detection systems, which it plans to spin off later this year.