There is so little faith there is no insider buying and institutional ownership is less than 14%. If our management team doesn't have faith that the stock is a good investment how can Investment Banks? The buck stops at the top and Tokman and the gang want 1.5M free shares. Not the signal I'm looking for.
Off to the races Oz, I hope so. What is telling for me is there is no insider buying and Institutional ownership is down after an attempt to boost ownership back in September. By November we lost 30% of the tutes, so what was the story he was trying to tell? When I see insider buys and Institutional ownership over 20%, then I know we are going north. They are more aware of our situation than we retail investors and Tokman told the world that this year is going to be a loss. He is up front with everybody and the big guys took his advice. The patents are a huge plus if and when they make money for someone. Up until now they are the same value as my patent on air, everybody uses it, but I ain't gettin' paid a dime for it. All I see here and on Peter's blog are wishin' and a hopen' by retail. All of it is good, but it isn't going to move the pps for us little people. Management is solidifying their positons with 1.5M more shares, so they don't have to buy any of this on the open market. Doesn't seem so hard to me.
You know, I should drive over there and see if they are in their Newark offices. I was just at the doctor and it's about five minutes away. Maybe I'll try tomorrow. They don't answer the phone anymore and haven't answered my voice mails. I would like more color on what they are doing and perhaps understand better what the problems they face are. I just can't get a handle on what is holding everything up and not sure they can clarify it for me, but I should give it a shot. Been very busy with family duties lately, ALZ and it ain't nice.
Is the market there? Maybe overseas, I don't think we have the infrastructure here. There is more to this than we are seeing I can't even tell what the numbers are overseas. Judging by the numbers reported so far, we are not setting the woods on fire anywhere. Embedded is key for us because we need volume to break even. This small ball stuff will keep us losing money for a few more years and that is why the pps is going back down. Tokman wants more shares for his gang and we just want to see some progress on the financial front. The progress he has shown is OK, but does not warrent more cash for the band of 70 in Redmond. This guy has guts. Not much management ability, but guts. Show me when I can touch, feel and hold one and I'll be satisfied. Until then, this is a shell game he has run for years.
Well, that's the problem gary, something should have changed. We should of had an update on P2 meeting with FDA. Disgust is an on going thing here. All the indications we have and we can't get out of second gear. The methodology here is very time consuming and it hurts shareholders. We know we have the goods and we can't get to the next step. We should be higher than where we are and so far it has been a good year. Up to management to move the product forward.
Not looking for anything. AT was pretty clear. ASM will be the usual connect the dots affair and he will smile over the 1.5M shares and tell us we will be happy every quarter again.
Tommy, it's up to our partners now, so what comes up our alley goes straight through non stop. They may try to flag down a customer if they get 1.5M incentive shares hanging out there.
Well, I have a feeling the aren't smiling any more. I think they are rolling in the aisles laughing at the 1.5M more shares they are going to get from those clueless shareholders in a month. Wonder just how many times retail has to get slapped in the face before they get tired and smack them back? Still trying to figure this puzzle out.