Long waits for material events block progress.
Those who are inside, and know the facts, are prevented from purchasing the stock. Likewise of course there is no dumping allowed either.
Post the holdings of an institution carrying the name of a leader and the ignorant immediately claim that this is the sole entity wherein this person has equity in the company. Scream, scream, scream total nonsense.
Point out that the addition of a board member to bring needed skills to the company and the ignorant immediately claim that can never help. Never mind it is successfully and routinely done by every large successful company everywhere in the world everyday.
The list could go on and on, but what is the point? Lincoln/Douglas long ago affirmed you need intelligence, education, introspection, and experience ON BOTH SIDES to have a two way debate. That is not found here.
Let's make this accumulation even easier to understand with a specific example. Formulas are way over the head of the other side.
PETAQUILLA
Accumulation since Inmet begins to attempt to take over company.
That would have been about August 2012 when they began sniffing around.
Using historical prices and accumulating shares for a grand child,(for example), and investing at the start of each month a small amount of perhaps $1,000.00 per month, one would have purchased 50,204 shares for $20,000.00. (excluding fees, etc.)
The current breakeven would be $0.39/share.
At this moment with the long struggle for survival coming to an end, and the path forward clear of obstacles caused by actions both micro and macro outside the company, is there really anyone out there that does not believe this will be a successful investment? If there is then you really should not manage your own money!!
In 100% hindsight could things have been managed for a better outcome? Certainly! However, even in baseball batting .300 is considered very successful. A Grand Slam overcomes three strike outs before. Especially if the pitcher was trying to hit you with every pitch. Then they kept changing the rules and moving the fence!
One need not feel sorry for those who did not invest properly and bought a bunch at $1.10 and just sat there and complained, and whined, and ranted while they lost their investment. It is their own fault,period. Certainly not investors by definition. When maybe a couple of years down the road the SP returns to $1.10 they can sell and breakeven having tied up their money for a long, long, time. Hooray!!!!!
Oh yes, then there was the guy who bought IBM at $4.00 and sold to soon at $12.00 two years later!!!I tripled my money and made $500,000.00 back in 1950's!!! Hooray for me, over, and over, and over.....but AH...IBM then went to $200.00/share!!! LOL!!! Mining will have a long life in Panama. Conservative buy FQM, speculative buy PTQ. Pretty simple.
As to traders, that is tough to do. Never has been anything I could accomplish with consistency. However, this has been a great trading stock for many years as Don Winner has often commented. But, it is out of my league.
So when the stock returns to its historical high, which it has done several times,(Check the chart! LOL!!), our hypothetical grandchild above will have a big help to start life thanks to prudent, professional, financial management, based on education, experience, and historical fact. If you do not have it...then hire it.
SURF&TURF FOR EVERYONE ON THE HOUSE MAY 4,2014!!! THINGS FINALLY CAME TOGETHER AND THE FUTURE IS 'GOLDEN'!!!
PETAQUILLA ES PANAMA! NO SE VENDE!!
