Message Font: Serif | Sans-Serif
No. of Recommendations: 4
SF Wind,
I sincerely doubt that the company will fall below cash on hand. $1 will be 75% of cash. $2 almost seems like a floor if you count up intellectual property (remember they spent millions on buying patents from GE), cash, and a little bit of hope. I know cash will continue to diminish, and they may go through another round of dilution, but I just don't see the price dropping below 1.75 until the NDA does not get approved (if that happens). That accounts for 20% more dilution. Granted, that is 80% of the current price, but at around $2 I think you are pressing your luck if you really believe in the story and are just waiting for further price declines.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.