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Wednesday, August 24, 2011 10:51:58 AM
For most penny stocks, there's no solid growth and most people who buy the stocks are looking to just buy at the low and sell at the high within a few days time; once a certain stock loses all of its momentum and hype it's done and everyone moves on to the next. SEEK however, does seem to have solid growth, a pretty well thought out business plan, and from what I can tell, cares more about becoming a strong future company than just throwing random PR's out day by day to bring in money. Also, by the way the way things are supposedly going via the conference call last week, SEEK seems to be on track to growing, clearing it's debt, and gain steady footing for long run profits. Now, this isn't to be mistaken with "I know this company is going to get big and we'll all be rich" but I myself do see a future household name in TheDirectory IF steps like the ones SG has been making continue. Again, any business, especially ones at this stage, heavily depend on management capabilities.
Hope that wasn't too long for you. A lot of other users on this board have great opinions as well, but I hoped this helped.
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