guys look this: Posted by: Lyteinvestor
In reply to: None Date:8/8/2006 10:11:31 AM
Post #of 37579
why didnt people sell at 8-11 cents. you would think at this level, people would be less anxious to sell out their shares given the enormous potential from NICOSAN. when the news started hitting since June-July, it rose steadily from .03 to .115.. now back to .03, whats the rush to sell? i suppose panic is just panic and happens no matter what price this stock might fall to.
i, for one, dont care where this goes because there WILL be more news and given the potential alone in nigeria is 1billion annually.. i see no reason to sell out of panic, frusteration, or both at a market cap of 33million.
ask yourself this. why would people buy as high as 11 cents a month ago if there were no potential here. since then, no news has come out to silence that potential. in fact, the last news increased the optimisim here regarding demand stronger than anticipated.
JMHO.
