Thursday, January 27, 2011 11:13:08 AM
The talk of a R/S right now is just plain silly. If you know anything about R/S, you know that a bad company will R/S in times of weakness, and a good company will R/S in times of strength. If this company ever decides to R/S, I believe the CEO is smart enough to do that in a period of strength when the listing requirements of moving to a larger exchange requires such a move. Of course this stock will not hit $20 given the current share structure. I agree - the SS needs to be cleaned up at some point in the future. But who knows what the future will hold? For now, they have a business to run. Quite honestly, revenue and profit is more important right now than anything else.
I've said this over and over the past few days. The fundamentals of this company have not changed just because we had several down days of trading. In a few weeks, I believe we'll be looking back at these price levels from a much higher level.
It'll cost you nothing to dream. It'll cost you EVERYTHING not to.
gmoneypenny
FEATURED Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM