This is my one and only posst allowed today. I am really happy with the way we closed . IMO I think there there was a combo of things that stopped the expected run in the power hours:
1. Profit Takers - These are the people who got in at the lower price levels this week and flipped their position to cash out profits.
2. Uneasiness : Because of what happened over the weekend people decided it is better to be safe than sorry and stayed on the sidelines until they have a confirmed file NI Report.
I beleive that the report will come out at it's promised time and we will gap up in the opening. There has been accumulation by the MMs I do not imagine that they could be that dumb. If they were truly short, they would have let this thing run awhile ago. If you notice there is less talk and chatter about how short the MMs are. QWe have now been shifted to talk about the amount of gold there is. We have to learn to take things here with a grain of salt and some reality.
There are alot of people who are doubters and then supporters and then doubters again. This is my first ever penny play and I have learned a great deal here. People really do not care a whole lot. Many are out for their own fortune and dont give a dam nabout anyone else. There are certain posters on this very board who change their tune depending which way the wind is blowing.
Alot of people have this "penny mentality". What people do not understand is when this stock crosses the psychological barrier of $1.00 iti s a whole different ball game. The type of investor who invests in a $1+ stock is of a profile. It changes the game when the PPS cross that $1.00. This is where the big money will come in and then you or I will have no say what goes on in the stock or how it behaves. We are very fortunate to be in this stock at these low levels. I for one am averaged at $.08. This will be a long term investment for me and my kids.
The true thanks goes to the management of SAEI. They are the ones who have done all the heavy lifting in all of this. It is not enough to just say you are going to open and a business and then hope that the money comes rolling in. There is alot of work that goes into making somethingl ike this work. It is very easy for us to demand things of the company, but the truth is they are the ones who had the forsight and vision to bring it to the next level. All we as inverstors have done is moved money from one account to another in the hopes of these magical returns showing up. When we are maknig our huge winfall, just remember, who made it possible for us all. We should all be thankful for what we have and the opportunity that has been afforded to us.
Until tomorrow friends...
Amer
