Bird, don't take this the wrong way and this isn't meant to be rude but this is just plain stupid. The people that keep complaining about flippers/day traders etc are the same people that complain about the rich etc. I think Jim Plant should stop listening to these people if he is and start listening to his larger shareholders that have an understanding of capital markets.
Flippers/day traders etc add liquidity to the market which supports price stability. There is no way to shake flippers/day traders. The recent price decline actually encourages them since they all sold at .04 and are buying back here.
The only way to attract long term shareholders is to support the PPS and its continued growth along with that of the company. That means releasing UAF's ASAP and delivering the A/F's in 30 days. And keeping to timelines.
In either case flippers/ day traders do not have a negative effect on share price it is having more sellers than buyers that does that. The fundamentals are good here so the current PPS is simply the result of investor sentiment because of a lack of timely follow through.
This retarded idea that flipper/day traders somehow hurt the value of your stock is like hating the rich even though they employ most people indirectly through capital investments.
I am sure that we will see follow through and the PPS will immediately rebound but please stop with the true long nonsense. We aren't sports fans we are investors for Gods sake. It is Jim's loyalty to his investors is what is important not the other way around. I think he will deliver and that is why I am here but that is based on DD not faith.
Smartmoney77
Posted by: BirdsOfFire
In reply to: None Date:1/24/2007 4:33:46 PM
Post #of 46556
A message of hope to all investors that are losing faith in their investment into CKYS: Longs have faith in Mr. Plant's ability to grow his company. For whatever reason the PPS goes down a bit or go up a bit, I trust in Mr. Plant's ability to grow his company. There will days like this, lets just hold out and be patient. Rome wasn't build overnight.
Yes, it is true that Mr. Plant could've prevented the decline as a result of the commercial problems just before the holidays. But flippers were just looking for any reason to sellout. My opinion, Mr. Plant is guilty of two things, attracting flippers to the stock in the first place and then not communicating a problem in getting commercials online and that they were working on resolving the problem. The flippers are gone and the PPS went down because of no momentum.
True longs are still with CKYS, even when the PPS goes south, because we believe in its potential. Yes, some of us are holding a bag, but no one will persuade us to give up and sell. Out skin is too thick. MMs cannot persuade us to give up. The book value or real value of this company is over a $1 and in due time, CKYS will prove this to would-be investors and the 'naysayers'.
Right now, Mr. Plant has the opportunity to attract long term investors. I don't know how this can be done, but there has to be a way of doing this. But, long term investors should be rewarded. I believe CKYS is going to surprise us with good news in the near future. When, I don't know. Just be patient my fellow investors.
Peace, cheers, and happy trading.
My posts are my opinion, make your own decisions. And remember, all fear is an illusion.
AI
