I have to admit it not easy waiting for something to spark this share price into action when there are so many other interesting plays occurring in the market. If I could have a guarantee that if i sold out my holding now in OEC to invest in some currently more active plays, that I could buy back in for the my sub 6 cents i would sell tomorrrow. However that just not going to happen as there are no such guarantees.
Does anyone know when these new Ford's will start roling off the assembly line in 2010 with LLi autogas systems???. This is probably going to be the kick start we need although something else could come from an unexpected area.
At the moment we are flying completely under everyones radar, which is not really where we need to be. I am currently a shareholder in a company thats about to go broke and I have to say thats more exciting. They have been waiting for some funds to be transferred to them so they can keep operating. I am already down $2000 and if they go bust I can say goodbye to another $4000 as well.
Now here we are in OEC, our moneys basically tied up but safe yet its so dam boring. What we need is regular company updates that indicate they are active in the market place in promoting themselves and there products even if they arent cranking up sales. A progress report on what happening in China and Brazil and some information about alternative markets such as Motor bikes in India,Taiwan, China and elsewhere.
Some other shares I am invested in have upcoming deadlines or dates at which they could set them up for success as early as February and March of next year. We have nothing like this to get excited about as our company seems to be operating within flexible timeframes that have no performance standards or milestones to be met.
I cant even claim to be a long suffering shareholder and I used to think i was a patient person, but we have gone a few days without even any share transacted and quite frankly I feel there are better opportunities in the shorter term eslewhere.
I know I have been positive all along with this company I am just sharing a bit of my frustration with not been able to make other plays as i have locked myself in to this stock.
Sorry for being a sad sack today maybe the coming week will be more encouraging,
TOPDAD
OEC Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held
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