ZMANS,
Totally agree with overall market. I think anything with 10% speculation is getting nailed, which means when SBN is getting buried.
With regards to China. We went from 20,000 units to 5,000 units. Im pretty sure SiYi wont pay the initial 20,000 contract if they are only going to use 5,000 in their trial. For me, and i may be wrong thats a loss of 15,000 units.
Now again i may be wrong but due to the errors in temperature control we have missed out on the 40,000-60,000 extra units to be trialed.
So overall.... and my maths isn't great if you speak to Camden Bob, but thats a loss of 55,000 - 75,000 units from SiYi. Roughly what we do in 2 quarters.
Also to do with China, they said a decision on Product Automation would be made in November... maybe it was December, either way it was last year. Now this has been delayed until theres greater certainty.
Now ZMANS i really feel like an idiot pointing these out to you, seeing as you said you read and re-read all the announcements, yet failed to come up with these much spoken about, highly debated topics on HC.
Maybe those rose coloured glasses arent allowing you to access the same material that the rest of us read. Or you are glossing over these non important negatives and joining the google searching drug policies of other countries and drawing a lovely line between them and SBN.
The real question is are management missing deadlines/contracts due to overall market? Or their incompetence?
I cant help but feel the greater percentage lies with incompetence.
But Zmans, overall the market is done. Finding a 500% winner over the next 6 months aint going to be easy. SBN going to 2 cents is 300% and about my target now.
Those talking above those prices are still living in the BULL Market days or hoping for exceptional "Potential" to be realised by this company.
Surely even you as an experinced trader can realise that SBN at above 4 cents would require something exceptional and absolutely beyond simply China coming through.
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