And now we have rumours of a possible aquisition in the works.

That would be adding value to the SP, which in mu opinion, is what the company should be doing with the cash raised in an offering.

This would make sense as the dilution would add value and liquidity to the market.

Something else that I have heard from several people in the banking business as of late. Credit is tightening up (not a suprise) and it may become difficult to raise money in the market for awhile.

I am satisfied to wait and see. If the rumour is true, I might buy some at these prices for a quick turnaround. My core will stay untouched and not added to though.

Andy