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Saturday, March 27, 2010 2:24:47 AM
Note To the Board :i had a starter position here since last Tuesday but with yesterday NEWS i have increased my position in a Big way on PMDP
why ?
yesterday PR has a very special thing in it which is :
"-- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today that the acquisition of 28 income-producing gas wells from MEI has been completed"
http://finance.yahoo.com/news/Plateau-Mineral-Development-pz-3575164292.html?x=0&.v=1
the important point in that PR is "the INCOME PRODUCING "part
we are not talking "REVENUE PRODUCING wells " but INCOME
PRODUCING WELLS
let's Go together over the definition of INCOME :
http://www.investorwords.com/2400/income.html
INCOME
For corporations, revenues minus cost of sales, operating expenses, and taxes, over a given period of time. Income is the reason corporations exist, and are often the single most important determinant of a stock's price. Income is important to investors because they give an indication of the company's expected futuredividends and its potential for growth and capital appreciation. That does not necessarily mean that low or negative earnings always indicate a bad stock; for example, many young companies report negative income as they attempt to grow quickly enough to capture a new market, at which point they'll be even more profitable than they otherwise might have been. also called earnings.
yes people INCOME is the single most important determinant of a stock's price!!!
INCOME is EARNING $$$$$$$$
per yesterday PMDP has turned into a Profitable Company with Earnings!!!!!!!
we will see next week Investors Money Flowing in PMDP
PMDP is not a lotto play anymore but a Confirmed Company
Expect a big share Price Appreciation from these Levels
good luck to all
Balamidas
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