the sp, new investors, old investors
posted on
Mar 28, 2012 09:03AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Some may think that you continuously need new investors coming into a stock as old ones leave, to support the stock price. Although its nice to have and keeps a stock healthy, it is not needed for stock price appreciation or depreciation. Its good to have new investors supporting the stock at times when there is periods of no news in a stock, and some short term investors/traders may get restless, but this doesn,t really have anything to do with value or what the market is willing to pay to get a piece of the company at the time of good news.
This stock is only at .60 today because someone was willing to sell at these prices, or the sp is put here by market forces, ie shorters. Market manipulation goes on everyday and its part of a market functioning, we are never gonna be able to get away from it.
With our stock, if someone is concerned about the sp and think we need new investors to get the sp back up there, they don,t realize that the most important constituent/catalyst, to an sp,is NEWS. The right news, sometimes can send stocks soaring, changing what someone is willing to pay for the stock, overnight, or in a heart beat. You can,t win, if you don,t play.
NEWS, is managements job. If they want the sp up there so that they can survive and get their own paycheques, (because their salaries are quite low), and be able to cash ,in the money options, or sell a few shares, to live off, News is the part of this equation that is needed. So, when Lori is ready, or believes she has to help support the sp, she will release news if she has it, or ramp up business, so she can get it when needed.
The fact that we have to continuously wait for some assays,tells me that Lori is not overly concerned with the sp. If you think of the strike prices of all the recently issued options,they are higher than here, and Lori must feel confident that those prices will be exceeded in the future, or at the time that someone needs to cash them in for living expenses.
So, we have done our part by supporting our investment and enabling Lori to cash up our treasury at higher price levels, cutting down considerably on dilution. So, its her turn to retain this interest, or give the market news that will attract new interest.This stock needs the news now to carry it, not us. We helped get it to this level , now its Lori,s turn to take us as far as she can up that sp ladder.
If you believe in the potential of the properties and are here for the long run, the .60 sp of today, should mean little, if you are here for the prize at the end, that may take awhile yet.
IMO