I'm was tripping all over myself to get that short sale order (2000 @3.40) entered in time to catch the excitement (overpaying, that is), and what do you longs do but begin selling, driving the ask back down to 3.31, probably just to spite your good short buddy pj. Shame on you for teasing me like that!
I realiaze there is no way I am going to sway you from your short position......so I officially will give up. Unfortunately, you ARE going to get your ass kicked. I am happy to buy you drinks and dinner AND coffee, but I'd be happier if you were so g-d stubborn. I am aware of the balance sheet, the debt, the dilution.....and I've also been a shareholder for 10 years. I've talked with management,engineers, salesforce,Purton. If you have done the same dd, then go ahead and make your autonomous decision. If you have not, why are you so certain this stock is not going to continue to go up ? EVERYONE knows about the balance sheet and dilution. The deep pockets knew about this BEFORE the stock made its recent gains. Something good has to be happening. (Must admit I am disappointed about the recent RFID by GPIC/SHFL/IGT to Macau.) This stock may go to 50 cents or lower eventually, but not before it doubles from here. If the momemntum players/MMs jump on the bandwagon the stock could triple from here. Good luck
Not only am I stubborn, but I'm pretty dull, too. I don't play golf. I don't drink. (I am pretty good at eating, though.) Rock scrambling is fun, too, but I draw the line at easy class 4 since I don't like exposure.
If you're right about VNX, you can relax and let the market "persuade" me that I'm wrong. I still think it's heading to 50 cents, and not by doubling or tripling on the way. Yes, everyone knows about the balance sheet, the debt, the liquidity problem, the dilution..., and they seem not to care a whit!