Hi all,
Yes, i am talking about the fundamental research. It's true that some more volume would help the situation. The way i see it, there are just not enough shares out there to create much volume. There are now 14,773,380 shares outstanding. A large portion of those shares are held by management, and a few large holders. Of the remaining portion of shares out there to be traded, i feel that many are held by people, like me, who believe in con-space. To create volume, people have to be ready to trade. At current levels, i would be more than happy to buy some more, but i am not a seller... If no one is ready to sell, there is no volume. On the other hand, if someone would decide to buy in for the first time any important lot, we would quickly reach much higher prices... (that makes that option less probable... it takes some vision, and a great set of balls to buy a stock at 1.50$, when the market has been saying 0.30$ for a while!). Perhaps the issuer bid could help, but then again, management is happy to buy back at current levels and that is a great buisiness decision. ( i think)
So untill it becomes even more obvious that this stock is a winner, or untill the market decides it's time to be bullish with small caps again, we are stuck!
Cef
