Nice buying opp here folks. These guys have gobs of cash and a very low burn rate.It's only a matter of time this bounces and bounces hard. Free money. Easiest call I've ever made.Buy all you can 10 and below.
I hope you listened folks, this one was a gift. Doesn't happen very often.
I did.Thank you.I only regret just sticking a toe in the water and not diving in whole.Few things trade for less than cash.
yes cash is at $10/share but cc stated expected cash burn of $12-$13 million for '08. I'm waiting to see if we get a little lower but I like the company.
Yes, which translates to nearly 10 years worth of cash. This company will be made or broken well before cash becomes an issue.Buy it here for the bounce to the mid teens on the next contract announcement or some other good news. This is really an easy call.
cash is actually 10.40 a share.