Thursday, October 07, 2010 1:53:07 PM
For those who are appalled by the price drop:
1. The volume is minimal. If it were many millions per day, my next few comments would not apply.
2. Let's say the bids are as follows (price and number of shares ordered):
.026 50000
.025 25000
.024 30000
.019 100000
.016 110000
3. Do you see how fast the bid / latest sale price can drop, when someone decides to dump 500,000 shares?
4. Does this mean that because your portfolio multiplies this lower price times your number of shares, that the value number you are looking at is accurate?
5. Of course not. If you decide to sell your own shares at that time, your value will probably be even less. BUT....
6. If you wait until the selling is over, when people start to realize that the share price is too low, and start buying, and the price goes up, and you sell then, your value will be higher.
7. Did you ever notice other stocks, which, once the downhill trend starts, EVERYBODY dumps, and the stock goes to no bid?
8. Did you also notice that no matter how low the price has gone, that there has been no mass dumping? That 750,000,000 plus shares have remained unsold?
9. And why is that? Because when all is said and done, those
who have been saying that SRSR is worth a lot of money, are correct.
10. IMO, this is one of the least risky stocks I have ever encountered.
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