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Echelon Corporation (ELON) Message Board

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  • johnmr12 johnmr12 Aug 17, 2011 10:11 AM Flag

    Watch Volume

    The answer to your question is because they are not a profitable company. The days of fund managers investing in "potential" are over. That bubble burst a long time ago. Fund managers are not going to risk capital, so they would rather wait until Echelon starts giving quarterly guidance that shows not only a profit, but increasing profits quarter over quarter. You think you will get it at $9 when that happens? Little guys and gals like us on this board have no effect on the stock price. But when a major fund manager decides to buy in, those 40 million shares O/S will get gobbled up fast. Someone on here said making a profit is the only thing that will get the stock moving, and that person is right. At some point, the combination of more Duke, Holley, ELO, Norway, Finland, etc will make them profitable. And, once they reach a certain saturation point in the industry, growth will accelerate.

4.88+0.01(+0.21%)Jun 24 3:07 PMEDT