Hi all,
The sentiment you are sharing with us here, is the pricipal reason behind these ''resistance'' we will be experiencing on the way up.(those of us who hang on at least...) No matter how you value the stock, what if tomorrow it would be at 1.20$?? or 2.50$?? what would you do?... or 5.00$??.... Experience demonstrates that we (the market) often sell our winners too quickly, and to be honest, our losers too slowly! How do you value Con-Space, and this acquisition...
On the positive side, i see many potential synergies.... (Marketting at least) By only sharing their contacts, this deal can give a good growth boost to the 2 product lines.... This acquisition, will help strenghten the leadership role of Con-Space in it's industry.... (widening the gap)
To my knowledge, the company was always wise enough to grow at a secure pace... (wich may explain some of the past performance...) They now seem to be accelerating, wich is bound to bring some uncertainty... (wich may explain part of the present resistance....)
Con-space has my confidence.... Great i say, if the market does not see what i see. It will give me time to stock up at a good price!
We are still lacking some crucial information... They have projected a 2.5 million profit for 2008, but for all we know, they may have paid back the whole loan by then!
I think we are witnessing the teenage of this company. I like the way they run it, i like their products and i can see them being adapted to many other applications. ( and apparently, so can the company!)
What more can we ask for?
On an other note, i must say the forum is quite active, and i have enjoyed every comments! Keep posting and hang on for the ride! i think it will be interesting....
Cef
