CO is FDM Research's largest holding. They been steadily accumulating shares. Hopefully, this is a good sign. They basically say that the stock is a value buy up to $4.07. And that the completion of the construction will allow the company to aggressively pursue sales growth.
If the annual new subscribers remain consistent the annual storage fees will gradually increase the company's total revenues. And if the company can grow the new subscriber holdings, the bottom line will grow in direct proportion to it, as well as the stock's price.
They go on to say that with the general market conditions being overvalued, they like the limited price downside protection as well, which CO provides.