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Re: 777111xx post# 8838

Tuesday, 01/15/2013 10:27:50 PM

Tuesday, January 15, 2013 10:27:50 PM

Post# of 12573

If the FACTS are that EXS has a huge gold discovery and certainly the largest in Canada, do you not for one second believe the share price would be higher??? You ask questions like "The Market....who is the Market" insinuating that someone or a group is keeping the share price low. That is just plan wrong. There are hundreds of investors out there that have significant dollars to invest in a Winner. Why are they not buying EXS and driving the price higher???



If you have more demand because people think there is great value or anticipate great value (profits) and a higher return on equity, it drives the stock up. If investors think there is little or no value, they sell and drive the price down.



You sound like you are touting the efficient market hypothesis.

I love this quote from Larry Hite, "...everyone who has ever told me the markets are efficient is poor."

"Lawrence D. Hite is a hedge fund manager,[1] who, along with Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications, and, in 1986, BusinessWeek awarded Hite its annual Best of Award. [2]"
http://en.wikipedia.org/wiki/Larry_Hite

Buying good stocks (or selling bad ones) before others discover everything is how you make incredible amounts of money.

To defeat your inner fear and greed, let the purchase price of your investment fade into the forgotten past. It is irrelevant. Focus only on the likelihood the investment will return or lose money henceforth. Then, simply buy or sell.

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