THE ALL-Knowing SGCP TRUTH TELLER!
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If SGCP can't make money yet and return some to investors, the company is failing big time. I think only a few MM's are pushing the stock higher, but when they skin enough investors who get greedy and don't take profits, they will disappear, causing the stock to plummet.
I predict the MM's will push the stock higher in the last 30 minutes.
I did not realise you were crusading into this company which has never turned any of its revenue back to a loyal enthusiastic believer like yourself. It is my DD and belief that a smart investor should never become emotionally involved in any company if he hopes to remain solvent himself/herself.
I just can't take the companies web site seriously or consider it truthful when i look at the balance sheet they must legally file. The company has expressed all the right sentiments, but where is the outside verification?
"domicile scare" are you referring to the SGCP move to friendlier to bankrupt corp directors wyoming and less so to stockholder litigation suits? Forward looking move on the part of SGCP?
My, MY, Gold mining stock fever!
That only means someone was willing to buy? And keep buying even as the price went up.. MM's
Hopefully some people who are holding long positions have decided to take some profit, the smart ones that is.
You mistake good ole Market Movers tactics for outside interest in a growing to profitability company. No such luck, Sierra is treading water trying to stay alive. Sell guys as your bubble will pop when the outside MM's who are driving this artificial bump up suddenly reach the point they want to take their profits off the sheep and run off. All this late day buying is a sure givaway that Sierra stock moves are being run along by MM tactics.
My oh My, the MM's will be shearing the sheep soon when the MM's sell out. Then it will just be the sheep having bought at higher prices trying to keep this breakable bubble from popping.
When-will this current-buy-trend end by Market-Mover sharks dumping-SGCP?
Market-Movers have already bought at .0017,.0018,0019,.0020 they are hoping now for the sheep to come in and buy at .0021. Meanwhile the MM's continue to lift the price, watching, waiting and sharpening the shears for the innocent little sheep to bleat that the train is leaving the station,"let's get some!"
The only hope the sheep have is to sell now, before the MM's dump their stock.
Not-very good results. I-don't see-hope for investors in that.
Power-ball Lottery ticket more-likely than SGCP to pay off for those investors in Sierra Gold Corp with gold fever. The old saying of a swamp in florida or desert land in arizona comes to mind when i read this companies fluff.
I doubt SGCP. That is why i don't particularly put any credence in the fluff that comes out of SGCP reports written for enticing more cash from shareholders or the general public. The field report link is written by SGCP. It is fluff, adjudged by courts to be buyer beware fluff. It does not have the criminal penalties associated with a balance sheet offered to investors for deliberate mistruths. The balance sheet shows the horrible shape this company has come to.
Not many have the smarts to take profits as MM's scam prices higher until they stop buying and let the sheep buy worthless shares.
Like i said, i won't invest in sierra gold. I have absolutely no confidence in the owners salesman fluff, been there, seen it when i bought used cars. Only the balance sheets with less than 80 dollars on hand matter to me. Everything else is fluff from SGCP.
My nose smells wolves hanging around ready to tear up the sheep who buy at dreams of wealth. My advice longs, is hold, sell some as it goes up while the wolves wait for excited buyers to buy what they previously bought to set an upward trend. C'mon, do you really think that last buy yesterday was a "real" buy, or was it intended to set a trend to get the antsy feeling going in the sheep to jump in?
Grawsha: remember what i said about MM's paying bloggers to shill a stock in publications and the web? I did a little DD on your man who pushed this article, Jason Hamlin. Turns out he has consistently been into these fabulous stories on gold. Here take a look at this link on who Jason is:
http://www.goldstockbull.com/
I know there are many who disagree, there always will be with the penny stock people(fraction penny in this case). The twin wish for wealth combined with gold fever addiction is a grifter's dream of a mark.
A milly? At the MM's price.. How sad for you. Longs are a MM's dream.
Well i will repond for those who might be getting tempted by MM's on SGCP. Beware, the only verified knowledge you have comes from the company. Beware a stock that moves unexpectedly on no news. Beware those antsy feelings that are being promoted to buy now before it is too late. Remember, in a lot of ways buying stock is like talking to a used car salesman.
MM's can do that, after all, when you see a stock that has been paralyzed and has no news justifying an uptick, then you see a good bump and the heartbeat quickens, you get happy. I know. Just be smart and aware, i smell MM's and i just want you to take some profit and keep smart as you watch this play out.
MM's, SGCP ripe for them, i'd consider joining them except without knowing the point that they choose to rob the suckers, i could get skinned too. I would even write glowing testimonies for SGCP. I also know another shoe is out there ready to drop, Dilution or another balance sheet with virtually no cash on hand. Everything about SGCP is unverifiable except through the company website which as everyone should know is fraught with beliefs,exceptions to statements, safe harbor statements.
Do you have an independent verified report for that?
SGCP basically treating it's workers like migrant workers were treated 50 years ago. No amount of saying they have it better than others is good enough to cover coolie labor. To say that labor cost are low is to tarnish oneself in shame.
Now, i see a company that claims to be adding dredges, has anyone gone to see this investment?
But no record of having profits or dividends. When i buy i like to think that the company is going to one day repay me.
Nope, but i smell these MM's priming the pump on sierra. I don't care overmuch as i would not invest in a company like Sierra that can't make profits even at this gold price. Still, i have some experience and i am just asking folks the easy question. If you buy as the MM's move the price up, are you fast enough to sell and not greedy enough to hold when the MM's begin skinning the suckers?
Just took one more buy to get the stock going up at end of day. No MM here... Beware.
Thats what MM's want. Good ole, hang on to what they have and get into a buying fever as they see more up movement. Then the MM's can get out while the longs start buying.
Nothing illegal about it if properly done. Just have to find the right combination of people who are gamblers like people investing in Sierra Gold Corp and have some money to invest. As the stock price rises they cannot help themselves in seeing big money.
Dilution coming after a certain MM pushes it a little higher?
Shows how MM's can do it and make a little profit on unsavvy investors of Sierra. BEWARE!! Well, it did go up did'nt it yesterday. Slipping down again now that someone made a profit on moving buyers in yesterday.
Just sayin, one born every minute and where there a way a conman will divest you of your money.
Nothing. Hmmm,,, i can't understand it either, is someone manipulating the market selling and buying of Sierra today?
Hmmmm.. am i a fortune teller? well good luck to anyone who is not savvy.
I have no dog in this race, if you are a big boy and know the risk, good for you. I'm just throwing words of caution to everyone about being caught up in gold fever. For every miner in 1849 who sold everything to go to Ca and get rich 10 thousand did not. Some went back home to the east, most never could and lived in abject poverty.
Did they run out of money to keep the Sierra page alive?
However can you really be sure it is not someone buying from himself? Sell, buy to himself(or conspirator) at a slightly higher price, over and over.. Till suddenly sideline investors get antsy and jump in.
I'm not one, LOL
I'm just sayin, it would not take a major market mover, and i could sell after creating the stock interest and easily recoup my money while buying more. I would use other resources like message boards, possibly even bloggers in trade magazines or online publications who can be bought for nominal prices to schill the stock.
Apparently if i invested $10,000, drove the price higher,it would create stock interest, i did same for 3 days in a row...