I still holding.Was hoping that we would be cash flow positive...

I still holding.

Was hoping that we would be cash flow positive in the last quarterly for the reasons you mentioned...and the build-up of inventories in the previous quarterlies.

I hope the next one will be cash flow positive but not confident at all.

Regarding the share-price I think the problem is:
- fall in oil price
- lack of turn around in last quarterly
- low cash any company without positive cashflows and low cash reserves is going to need finance to live another day. In this environment, no one is going to give ARW survival capital.
Add these things together and you have our current share price situation.

Fundamentally, however, if the prove a positive cash flow in the next month or two their will be a rapid turn around. I still hold and will do so to liquidation...hell, given low book-to-market ratio, liquidation of the assets might actually return a couple of cents per share.

Fingers crossed we might get a XMAS present from Wong in the form of a mandatory biofuels target on Dec 15...but wouldn't be wishing too hard.