Friday, June 20, 2014 6:33:19 AM
It is called the Stock Exchange isn't it?
I do agree, bid whackers, who sell at bid, are fools.
But people buy and sell stock. And until financials showing income come out the
value of the company is its potential value. Obviously this is at present, with the news
showing, in the 50-70 cent range. As more news comes out the stock will go up.
We had 2 weeks of little selling, did the stock go up? No, it went down. The active level of this stock at present is right where it is. I predict with the next release that range will shift, by how much I can't say. But I would not sell all my stock just because someone wants to shift their holdings to bonds or needs money. I may buy more stock because I have faith that the ultimate price will be at least $3-5, maybe higher.
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