I sold today, bought at $2.25. Lost full faith in management to deliver the outcome. The golden ticket of the SAMR may move the price, but the product clearly isn't resonating. Can have all the distribution in the world, but if you don't have the product (of which they have had two years to build) then you won't be successful.
My view now is the businesses only hope is to build a solid supply side business and hope one of the big dogs buy out to increase their capacity.
But I am happy to miss out on those potentials gains, as I think the likelihood of this stock falling further is a bigger chance over the short to medium term.
WHA Price at posting:
88.5¢ Sentiment: Sell Disclosure: Not Held
