InvestorsHub Logo

es1

Followers 153
Posts 16535
Boards Moderated 0
Alias Born 07/13/2009

es1

Re: jfburk post# 101294

Sunday, 05/29/2011 1:33:48 PM

Sunday, May 29, 2011 1:33:48 PM

Post# of 165855
I think you misunderstood my statement. I know .03 is cheap for SRSR when it is all said and done. But regardless of what we know it WILL be worth, it is only at .03 NOW.

If everyone in their right mind thought this was worth .10 we would not be at .03.

Look at it this way. If you KNOW it is worth .10 why are you not selling everything you own and buying SRSR at .10? The answer is you could do that but you are not sure that you could recoup your money when you need it. You might have to wait a year or Scott could use shares to finance and lower the "value" of your shares. There are a million reasons not to sell everything and jump in with your life savings.

If this stock was worth .10 NOW it would be at .10

You are right Pinks are not valued correctly for the worth of their assets but they are ALL priced at what the market values them at.

Right now SRSR is worth .03. Next week it might be .10, where I THINK it should be. That is why it is worth .03 NOW

It we thought it would be worth .01 next week I would not be here buying at .03