News Focus
News Focus
Followers 71
Posts 3317
Boards Moderated 1
Alias Born 09/29/2009

Re: Skunkdoc post# 27227

Tuesday, 10/05/2010 11:35:22 AM

Tuesday, October 05, 2010 11:35:22 AM

Post# of 35802
Fair enough. I don't know the exact count so I won't argue with you there. And I have no idea what will really make it squeeze. I am aware that certain events cause an auditing of shares. GRNO has not had one of those events happen yet.

I don't think Monk has let this flounder and die. For this strategy, it is completely counter-intuitive for us to correlate price with progress. It's all about share count. That's why the A/D line is so important. If there is dumping going on, you'll see it. Since there's not, I'm comfortable.

That being said, you could perhaps stay based on fundamentals, as Paula is doing. The company is starting to make money and as they get more stations in place, the revenue vs. operating costs grows exponentially. I'll feel better once I see a couple more go in and go in very soon.

Bet on the jockey, not the horse.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y