I understand the concerns you have and I can appreciate the concerns you have. BUT... I'm not concerned by the concerns you have. Not anymore. And I mean that in the most friendly way possible.
The knowledge I have has been acquired from the people on this board. It's not like I dug it all up myself. And I mean it when I say I have done negligibly small things in comparison. You have DJK that sifts through hundreds if not thousands of pages in Vietnamese... and then transcribes them looking for just a glimmer of new information that he can share with all of us. You have Johnny and NYCB taking information (and finding it themselves) and sharing it with other sites and forums. You have PokerPro with his list of DD links and SD Hunter with his power point. You have FM14 preventing the spread of false information, countering it with DD and reassuring people to hold strong. There's so many people that have been a vitally important voice on this board. There's no way for me to list all of them. I would not know anything I know be it PHIL or just stocks in general, had it not been for them. And truth be told, the DD'ers, past and present, have been what has kept me here.
It's not for me to speculate on how many shares an individual owns or what their price targets or plans are. At the end of the day... we all know what we own and we all have our plans and ultimately, we're going to do what is best for our own financial situation. There isn't a gosh darn thing anyone can do about it. I can tell you, from conversations I've had, that there are price targets all across the board. Two cents. 10 cents. 15 cents. 25 cents. 50 cents. A dollar. Five dollars. Never gonna sell (although that one doesn't really make much sense to me... isn't that kinda the point of investing?). And you're right. That one dollar mark is going to be one of, if not THE, hardest resistance point for us to break through.
But we will. It will get done. Because if it doesn't, then this stock isn't really the stock that we all believe it to be. The stock that we believe this to be is expected to hit multiple dollars. Can't do that if we can't even break through one of 'em.
For every seller, there has to be a buyer. And there will be. Just like people selling off at different price targets, there will be buyers at different price targets and rally points. Some people won't get in until current. Some won't get in until we're at 10 cents. Or 50 cents. Some won't even buy until we're at a dollar. But they're coming. It will start as individuals, like you and me. It will move into institutional investors. At some point you're going to see PHIL included as part of a basket. You're going to see us get cross traded on foreign exchanges like the Frankfurt Exchange and the Korean Exchange. And that adds liquidity. We will be able to buy and sell at higher numbers and faster rates without it affecting the SP. Henry wants to get the Vietnamese people the opportunity to invest in PHIL. Such a Henry thing to do right? Give people the opportunity to invest in their own country? In themselves?
And those that have a vast amount of shares... they know how to sell without tanking the price. They know how to sell it so that you'll barely even notice it. You can put up 100 million shares at a dollar each... but that amount all at once will ensure that you're not going to be likely to get what you're asking for. Not much of it anyway. You'd have to take it off the trade block and try again at smaller portions. Simply supply and demand. Many are still going to be holding for multiple dollars anyway, even if they sell off a portion along the way. It's really the younger or less experienced traders that I worry about. And the longs on this board have many more shares than they do because they were savvy enough to buy in trips.
There are also several catalysts that will drive us past that mark and help us to recover from any dip that may happen around that period.
I'm not concerned about it. I'll be here for years to come. By choice.
