Agree Terab, they do have a good product..
The problem is too many day traders with this stock and yes I'm sure many have been caught out, hence the odd complaint and grunt. I know what it feels like myself have been caught in some stocks in the past, and there is nothing worse selling at a loss or holding and watching the share price fall to low levels.
Very clever with the mention to the Olympics in China, I never thought about that Olympics. But I'm sure day traders wont find that as any comfort, four years to a day trader is like lifetime!.
What I do know is from the company which is currently under pressure to complete the acquisition asap. They have said they are working on it and hope to make the announcement very soon, they feel positive about it and at current don't expect any delays.
There are some shrewd negotiations going on and they need to make certain that due diligence is carried out throughly..More was said but there is no need for me to post the entire conversation. It sounded sincere and convincing to me with a genuine attempt to conclude the business deal.
Cheers,
Ace.
OCO
oriel communications limited
