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FleaBagger (99.16)

Bolt

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January 13, 2009 – Comments (2) | RELATED TICKERS: BOLT

Does anybody have anything new to say about Bolt Technologies (BOLT)? I really wish someone would say something about microcaps like this when they seem to be facing impossible situations (like depressed oil prices in BOLT's case). They have a lot of cash (1/3 of their market cap) and no debt, but are they making any money? Are they just going to sit around and wait for $100 oil again? Does anybody know any way of finding out?

Disclosure: I own a small number of shares of BOLT.

2 Comments – Post Your Own

#1) On January 13, 2009 at 4:58 PM, Imperial1964 (96.65) wrote:

Last I knew they were making money.  I'm waiting for the annual report to come out in several weeks.

I own a chunk of BOLT, partially on the recommendation of TMFEldrehad.  He can pitch it better than I can.

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#2) On January 13, 2009 at 11:29 PM, FleaBagger (99.16) wrote:

Same here.

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