not bad if in 2004 you bought at .23 and sold at .42 though ..
lol ...
no doubt that pbi is a bit behind schedule for commercialising its technology, but still has cash in the bank and is held tightly by its backers. not a lot of shares on issue and even a sniff of a commercial deal would see it reward patient shareholders. they've also only bought back half the shares they were going to in their buyback - but have another six months to do so, or save the cash perhaps because revenues taking longer than expected.
not a lot of talk about pbi lately, i havent spoken to company for sme time, but last time i did they were still talking about commercial deals this year. anyone else spoken to pbi management lately?
disclaimer: i've traded the ordinaries for some change during the year, but still hold plenty of pbios ...
cheers
PBI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held