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Alias Born | 08/06/2009 |
Thursday, November 11, 2010 4:20:48 PM
Another problem is that so many of these pinkies don't generate real business and value for their shareholders, so those who trade down here are even more sensitive to the way PR's are written... having their BS-ometers on high alert! Sometimes it is better not to issue a PR than it is to issue one.....
The jury is still out on this stock at this particular juncture IMHO. Believe me, I am not bashing as I have a very nice position here.
My point in what I said previously is that typically when real businesses are making real money, they don't beat around the bush with emails and vague PR's....they just do the work and PR the results....Today's lackluster volume tells the tale with regard to trader sentiment. If you look at the volume on the 8th and then again on the day of the PR, the numbers are almost identical....which tells me that everyone who got in before the PR was generated got out on the day it was issued.....
I remain hopeful that Kuni will give us consistent developments on the acquisition as it occurs, but even if he doesn't, I will be holding.....
GL
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