InvestorsHub Logo
Followers 28
Posts 983
Boards Moderated 0
Alias Born 08/23/2006

Re: A deleted message

Tuesday, 03/01/2016 4:25:06 AM

Tuesday, March 01, 2016 4:25:06 AM

Post# of 84342
As must as I believe that LaborSmart is doing great on the ground and hope the best for its investors, I also hate to see people lose their hard-earned money because of unrealistic expectations. The company performance on the ground is clearly unrelated to its share price. Because of such optimistic expectations, many investors (I believe) either exited with loss or holding with devaluation of up to 60% since the last run to 0.0013. The 0.1 and similar expectations have been around since December at least. According to that, the PPS was supposed to be around 0.005 by now, right? Yet it went all the way down to touch 0.0004, not too far from no bid. Every while a new lower support is broken. Yes it could go up from here but also we don't know how far it will fall to make what seems now like a buying opportunity a regret later. Buying shares by retail investors is obviously not the solution unless all the buying, holding, and being "long and strong" claims mentioned for the past two months were false. The solution is finding what's going wrong and fixing it once and for all. That doesn't mean only reducing the AS to prevent illegal conversion and dumping, that would merely slow the fall. It means at least to start buying back aggressively if hasn't already (which is most likely the case) and hopefully large personal buys again by Ryan himself, and showing signs of strong fundamental developments and achievements on the ground. Positive financial indicators would be good great help too. Till then, probably it's better to stop influencing investors to put their money into it and let them catch up with it shows strength.

Your money, your decisions.