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Saturday, November 28, 2009 1:31:54 PM
In late 1970s, there was an startup Indonesian penny stock, I think in the $.20 range. It went up to $200 when rumors of a huge potential gold field discovery came out. As it turns out, it was bogus. But the point remains this stock can go through the roof on speculation of future earnings and just "FEVER".
So it's good that SGCP has $100s-of-millions in carbon credits and the potential for $10s millions in gold/diamonds
and perhaps $millions in future timber.
But the price to climb on speculation & "FEVER" or NOT.
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