Re: It's decision time
in response to
by
posted on
Sep 14, 2012 03:56PM
Why would anyone(any suggestions) pay .50 cents per share for a company trading at 0.04 cents per share(current conditions)? I do not believe that the market could be off on the value of the company by 12.5x. I would love to have the company be bought out--it would make the "when to sell" decision much easier. IF Nunchi, IF the patents, IF whatever comes to some sort of fruition, it could well be worth more than .50 cents--no one knows. I generally view your posts as realistic Richardo, but speculating about $1.00 to $5.00 at this point seems irresponsible to me. Everyone is frustrated--most are way behind on their investment--you either believe that Fred et.al are not capable of turning this thing around and are simply collecting their salaries for as long as is possible, in which case you should sell OR you believe that something good will happen in the relative near future and there will be a better exit point in the next year or two and should wait, OR if you believe that something in the $1.00 to $5.00 range is possible then buy more and wait for the pot of gold.