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Re: carmine_langone post# 225

Tuesday, 10/12/2010 4:14:10 PM

Tuesday, October 12, 2010 4:14:10 PM

Post# of 1360
SFMI also has 10X the O/S and has a hard time moving without significant volume... A little bit of buy pressure and SHSH could double+.

SFMI continues to drop (-50% from recent highs), because the inexperienced management is hiding too much info IMO... If it was not for the "1000 lbs container full of gold", etc hype, it would be trading lower IMO... If they really had a huge stockpile of gold, that management team would PR it, no doubt. The only person relaying this info was the "bus driver" at the shareholder meeting, which raises a huge red flag to me.

No way is it worth a $1 billion market cap, as you keep preaching... I've traded it a few times and might do so again, but im no noob and know how to roughly value a company.

It needs to hold the 200MA or its headed to .12 area IMO.

Sometimes being uncivilized, can feel sooo civilized (June 2009 vacation)...

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