Monday, June 04, 2012 3:50:27 PM
I also believe that this stock price is not going anywhere till the majority of the shares available (about 90%) are purchased and no longer available in the market. Once they are, a demand will begin for them and the price will rise strictly on supply and demand. Of course this will cause the price to stay right were it is till then.
As long as shares are being bought, and small chunks are taken out of the shares available to the market from the company, I am happy. When it becomes all of us just handing our shares back and forth for the same price with no new buyers, then I will worry.
Buyback program is not helping the situation though...
My Opinion Only
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM