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Re: Infinitygold post# 15549

Wednesday, 04/20/2011 2:14:58 PM

Wednesday, April 20, 2011 2:14:58 PM

Post# of 41931
Its because investors need to see some kind of evidence and its not there as of right now. In pinkyland many have been burnt and people are more careful. So why isn't there are massive selloff??? Care to answer that????

Sure. Now follow along. As a general proposition good news triggers BUYING. As a general proposition bad news triggers SELLING.

When a company - that is devoid of revenues, products or earnings - announces revenues of 21 million dollars that is GOOD NEWS. When one hears GOOD NEWS, one would expect BUYING. Has there been any? So, for the 4th time why hasn't this GOOD NEWS been received with BUYING? And your reference to "investors need to see some kind of evidence," should really read, "investors who have been repeatedly lied to in the past, just won't believe it this time."
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