Sarissa Resources Inc (SRSR)

[jim6103]

turbo..."Correct me if I'm wrong but were up 5% on 2.5 milion in volume. When a PR comes out with real substance you will not be arguing with me you will be going wheeeeeee....lol "

OK - consider yourself corrected!

You are a trader of stock and more concerned with the hour to hour changes of the market. I am a fundamental trader - longer term - and am concerned with company content and real substance. I don't measure this by what happens in the daily movement of the PPS.

I don't measure the worth of the PR only by the immediate reaction of the stock market. Case in point was the pre NI 43-101 report that came out last May. The report was excellent and with much substance. It confirmed the Lake Nemegosenda deposit as one that was worthy of "merit" as a potential world class deposit. The market tanked. That initial market reaction was hardly a measure of the company's worth or the substance of that PR. Maybe on the AMEX, PR's do indicate a better correlation of company substance, but on the Pinks, sell the news is fairly common.

What I did find really bullish today is the 5.15% up day of this stock after a PR. We didn't get a "sell the news" day. Better cover that short!....But best of luck to you and yours...Jim