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Saturday, May 16, 2015 12:35:48 PM
Not taking a dig here, just stating the facts. No lie, I flipped DSCR and taken profits no less than 8 times, but that was last year when the stock was in the 20s and there was actual volume. I decided to stay long on the stock and have a manageable position average ( wish I didnt, but M'eh)
With the current price and lack of volume, you gonna flip a million shares for a total profit of $125 gross? I wouldn't even waste my time for under a $500 profit, and for that you better get in a long line and cross your fingers, cause lack of volume is your enemy
IMHO, I see a conflict between Russel and AB AGRO, with AB holding the license and Russell being screwed. Eventually he'll have to heed to ABs command, or his company is going under. There aren't enough seed sales in the world to run a profitable company. Do be shocked at another July planting and a rinse repeat of last years dismal display of how not to run a company. I'll sit on my shares until 2016 and see what happens, and will only accumulate more if we hit rock bottom 2s or :gasp;, the Death Valley 1s.....which I see happening if no positive news comes out in the next 30 days. Russell is a dipsh!t. He's proven that by never reporting in the black. Every quarter EVER going back past Dhanoa Minerals, is RED. Perhaps someone should point that out to him.
Good luck with your flipping, don't forget to pay your taxes ; )
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