Re: S&P index
in response to
by
posted on
Apr 16, 2012 01:20PM
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
thanks jw,
I would sooner not need any hedgs funds, etc. We have come this far without needing them and had what was and still is one of the strongest shareholder communities in any stock, IMO. You don,t see the communication like most of our shareholders have in 99% of the other stocks. We are a family. The foundation of this stock is the families and friends that supported it and remain. On a bit of good news, I see no reason why this family type support could not continue. For sure, we have many more friends and relatives that will most likely take up new positions or add to existing ones if we start getting the right news. This stock could very well be sitting at the $3 mark, as it is sitting at the .50. Nothing has changed with our properties to the bad, only a misunderstood NR, short attack and some big investor that liquidated set the sp in motion to the downside. Lori has undoubtedly learned a lot from these last few months who she can trust, to be loyal to this company, and that she can count on when/if a bidding war begins. We may be small in the scheme of things with our little retail holdings, but the bond that holds all these together is much stronger than any funds, and by us staying united, the funds can,t break that bond.
I want to mention, that as of late, Lori is definitly putting effort into keeping us informed, on what she is allowed to, in regards to the Calgary presentation,PP,s being filled, etc. I believe we have to understand that Lori has a plan to maximize shareholder value, but it most likely has to be excecuted in a way that involves things that we don,t understand.
At the presentation I recall hearing Lori say that she meets with institutions, but not for funding. The institutions ask why she is there and she replies, "Oh,just spreading the word". So, she apparently doesn,t need their funding and I don,t believe that has changed, but maybe she was just giving a few of them heads up to things to come.
IMO